RAIN INDUSTRY :BULLISH ATR BREAKOUT WITH HIGH RSI AND POSITIVE ADX

On daily technical charts, RAIN Industry sees ATR breakout with positive ADX .

Breakout is supported by Volume increase and RSI above 50.

HOW TO TRADE:As MACD is entering into positive zone , buy side trade may be initiated at current price with stoploss below  Rs.150

Exit the trade if target of Rs. 200 is achieved or price comes below Rs. 160

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