Rain Industries

Rain Industries
Looks good at CMP for Target 208, 250, 270++
Reasons for longs;
👍Quarterly results are out. Numbers are good Yoy basis.
👍Situation in UK is expected to improve with new goverment in power
👍The plant which was shut down because of economic crisis in UK is expected to resume with the improvement.
👍Booming sector
👍Fair valuation
👍Inverted H&S in making.
👍 Favourable RR
👎SL Below trendline

Updates from previous ideas
👍GNFC - 700+
👍Deepakntr - near 1st Target
👍Gail -90+

👎Bandhan Bank - SL hit
👎HuL - SL hit

🤙KRBL - Still strong went up more than 400 HOLD