RAIN - possible turnout to downpour

RAIN - Trading in the range from the past couple of days and yesterday(10-Jan)
on Futures - Price Breakout Upside above current JAN series and also previous DEC Series VWAPS from Below.

Also currently stock is trading above strong support.

https://www.tradingview.com/x/KvVrW3Pu/
The Breakout of the trendline should give us a good upside in the short time frame.

Once sustains above 182 - the next target is 206 and then 240 is possible in quick sessions.

https://www.tradingview.com/x/kgW6dBo9/

Also - in terms of RSI on Daily, Weekly, and Monthly values - we can clearly see Daily RSI > Weekly > Monthly. And also recent crossovers.

Add to watchlist -- we can enter above the trendline and get wet in RAIN.
Chart PatternsTechnical IndicatorsnseRAINrainindustriesTrend Analysis

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