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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 2024-07-24 View latest technical analysis

10 day averaged volume of Rain Industries is 3514269

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	160.45	156.99	162.00	156.69	0.415 times
23 Tue Jul 2024	155.99	160.00	160.75	152.56	0.575 times
22 Mon Jul 2024	159.39	157.95	162.66	156.21	0.598 times
19 Fri Jul 2024	160.19	165.00	165.00	158.93	0.569 times
18 Thu Jul 2024	165.28	169.19	169.80	165.00	0.428 times
16 Tue Jul 2024	169.10	171.60	176.40	168.25	0.912 times
15 Mon Jul 2024	172.04	174.80	175.38	170.00	0.669 times
12 Fri Jul 2024	173.59	171.00	177.95	169.95	2.268 times
11 Thu Jul 2024	170.16	173.00	174.67	169.55	0.526 times
10 Wed Jul 2024	171.57	172.67	175.49	166.81	1.13 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 160.1 as stoploss in an intra day buy trade for a target of 165.11. However, stock will show a bearish move below 160.1.

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	170.59
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	154.45
Downside Intraday Target	148.46
Upside Intraday Target	164.55
Upside Intraday Target	168.66
Downside Intraday Target	158.56

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	160.45	157.95	162.66	152.56	0.616 times
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

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
24 Wed Jul 2024	160.45	161.48	177.95	152.56	1.178 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rain Industries ( (RAIN) ) based on a short to mid 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.

Price action analysis of Rain Industries ( (RAIN) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

Rain Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

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 168.09 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 negative.

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