HomePrice Action TradingRain Industries - Swing trading analysis | Potential 25% in short-term

Rain Industries – Swing trading analysis | Potential 25% in short-term

  • Currently sitting in the weekly demand zone and above 200MA.
  • Seems to be bouncing off this confluence zone.
  • Multiple breaks of structure on lower time frames.
  • Volumes should pick up soon.
  • If you feel like taking a long, use 145 as stop loss (Daily closing basis).
Rain Industries - Swing trading
Rain Industries – Swing trading analysis | Timeframe: Monthly
Rain Industries - Swing trading
Rain Industries – Weekly time frame
Rain Industries - Swing trading
Rain Industries – M30

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Rajat Kumar Singh
An engineer turned trader who is passionate about creating clean and insightful charts. Rajat works as a Community Manager at TradingView, a popular charting platform with over 50 Million active users. He started this blog with the aim to educate fellow traders offering them valuable insights on different aspects of trading. Join him in his journey to becoming a better trader! ❤️

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