Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(RAIN) Rain Industries complete technical analysis [charts+indicators] | Buy/Sell Rain Industries | (RAIN) share price targets

Complete technical analysis of Rain Industries (RAIN) by charts plus indicators, forecast predictions and share price targets for Rain Industries (RAIN)

Rain Industries trades in NSE in Petrochemicals sector.

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Rain Industries is 4331552

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	172.00	173.05	175.95	169.00	0.786 times
12 Fri Apr 2024	178.80	179.95	182.50	176.20	1.1 times
10 Wed Apr 2024	180.45	171.00	181.45	170.90	2.245 times
09 Tue Apr 2024	170.40	172.00	173.90	168.50	0.515 times
08 Mon Apr 2024	171.85	172.00	174.45	170.65	0.485 times
05 Fri Apr 2024	171.15	172.35	173.40	169.30	0.565 times
04 Thu Apr 2024	172.55	172.00	175.15	170.55	0.838 times
03 Wed Apr 2024	170.80	168.50	172.50	167.00	0.786 times
02 Tue Apr 2024	168.85	164.70	169.80	162.55	1.235 times
01 Mon Apr 2024	163.55	152.00	164.40	152.00	1.292 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 173 as stoploss in an intra day sell trade for a target of 164.52. However, stock will show a bullish move above 173.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	142.50
Downside Target	145.90
Downside Target	150.00
Downside Target	156.00
Downside Target	160.95
Downside Target	168.50
Upside Target	175.15
Upside Target	175.95
Upside Target	182.50
Upside Target	185.70
Upside Target	188.50
Upside Target	219.60

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	168.68
Downside Intraday Target	165.37
Upside Intraday Target	175.63
Upside Intraday Target	179.27
Upside Intraday Target	172.32

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	172.00	173.05	175.95	169.00	0.181 times
12 Fri Apr 2024	178.80	172.00	182.50	168.50	0.921 times
05 Fri Apr 2024	171.15	152.00	175.15	152.00	1.676 times
28 Thu Mar 2024	150.70	159.90	160.95	150.00	0.917 times
22 Fri Mar 2024	160.00	160.75	163.70	152.60	0.544 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rain Industries (RAIN)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	172.00	152.00	182.50	152.00	0.635 times
28 Thu Mar 2024	150.70	185.00	185.70	150.00	0.248 times
29 Thu Feb 2024	183.90	175.80	219.60	164.90	1.911 times
31 Wed Jan 2024	174.25	155.00	188.50	145.90	2.518 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rain Industries (RAIN)

Price action analysis of Rain Industries ( (RAIN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rain Industries ( (RAIN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rain Industries ( (RAIN) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Rain Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rain Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rain Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rain Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Rain Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 172.99 and Rain Industries (RAIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Rain Industries (RAIN) stock. Volume based technical analysis of Rain Industries (RAIN) stock is negative.

Rain Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.