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(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 2024-07-11 View latest technical analysis

10 day averaged volume of Rain Industries is 2792723

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	170.16	173.00	174.67	169.55	0.662 times
10 Wed Jul 2024	171.57	172.67	175.49	166.81	1.422 times
09 Tue Jul 2024	171.79	164.45	175.00	164.01	2.925 times
08 Mon Jul 2024	163.55	166.99	167.60	163.25	0.434 times
05 Fri Jul 2024	166.59	168.00	168.79	166.00	0.454 times
04 Thu Jul 2024	168.11	166.80	170.59	165.25	1.082 times
03 Wed Jul 2024	165.77	165.75	166.65	163.00	0.752 times
02 Tue Jul 2024	164.68	162.80	166.97	161.10	0.937 times
01 Mon Jul 2024	162.06	161.48	163.49	160.00	0.852 times
28 Fri Jun 2024	160.80	160.00	162.99	160.00	0.375 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 169.9, but if it comes below 169.9, then a intra day sell could be more profitable.
If you take a sell trade below 169.9, then use 169.9 as stoploss and 166.21 as target. However if you take a buy trade in stock , then use 169.9 as stoploss and 174.4 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	150.00
Downside Target	158.39
Downside Target	168.00
Upside Target	170.59
Upside Target	175.49
Upside Target	176.20
Upside Target	178.20
Upside Target	184.50
Upside Target	185.70

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	163.78
Downside Intraday Target	157.39
Upside Intraday Target	176.02
Upside Intraday Target	181.87
Downside Intraday Target	169.63

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	170.16	166.99	175.49	163.25	1.335 times
05 Fri Jul 2024	166.59	161.48	170.59	160.00	1.405 times
28 Fri Jun 2024	160.80	168.00	168.38	158.39	0.573 times
21 Fri Jun 2024	169.21	165.10	176.20	163.19	2.029 times
14 Fri Jun 2024	164.54	162.75	168.00	161.60	0.555 times

Price has moved up 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
11 Thu Jul 2024	170.16	161.48	175.49	160.00	0.637 times
28 Fri Jun 2024	160.80	168.00	176.20	130.05	1.111 times
31 Fri May 2024	163.30	175.00	178.20	153.35	0.553 times
30 Tue Apr 2024	174.50	152.00	184.50	152.00	1.012 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Rain Industries ( (RAIN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rain Industries stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.

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

CCI has generated a buy signal for Rain Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 168.26 and Rain Industries (RAIN) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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