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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 2024-07-19 View latest technical analysis

10 day averaged volume of Rain Industries is 3452064

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	160.19	165.00	165.00	158.93	0.579 times
18 Thu Jul 2024	165.28	169.19	169.80	165.00	0.436 times
16 Tue Jul 2024	169.10	171.60	176.40	168.25	0.929 times
15 Mon Jul 2024	172.04	174.80	175.38	170.00	0.681 times
12 Fri Jul 2024	173.59	171.00	177.95	169.95	2.309 times
11 Thu Jul 2024	170.16	173.00	174.67	169.55	0.536 times
10 Wed Jul 2024	171.57	172.67	175.49	166.81	1.15 times
09 Tue Jul 2024	171.79	164.45	175.00	164.01	2.366 times
08 Mon Jul 2024	163.55	166.99	167.60	163.25	0.351 times
05 Fri Jul 2024	166.59	168.00	168.79	166.00	0.367 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 162.1, but if it comes above 162.1, then a intra day buy could be more profitable.
If you take a sell trade below 162.1, then use 162.1 as stoploss and 157 as target. However if you take a buy trade in stock , then use 162.1 as stoploss and 166.27 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	150.00
Downside Target	158.39
Upside Target	168.38
Upside Target	176.20
Upside Target	176.40
Upside Target	177.95
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	153.95
Downside Intraday Target	147.7
Upside Intraday Target	171.42
Upside Intraday Target	182.64
Upside Intraday Target	165.17

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	160.19	174.80	176.40	158.93	0.391 times
12 Fri Jul 2024	173.59	166.99	177.95	163.25	2.035 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

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
19 Fri Jul 2024	160.19	161.48	177.95	158.93	1.044 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 down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Rain Industries in short term but the sell signal is initial and weak.

Rain Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Rain Industries in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 170.38 and Rain Industries (RAIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.