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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 2024-07-30 View latest technical analysis

10 day averaged volume of Rain Industries is 1937221

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	172.76	166.98	174.50	166.52	2.142 times
29 Mon Jul 2024	166.78	165.99	170.45	165.61	1.06 times
26 Fri Jul 2024	164.97	161.57	165.80	161.50	0.738 times
25 Thu Jul 2024	161.57	159.60	163.50	156.75	0.644 times
24 Wed Jul 2024	160.45	156.99	162.00	156.69	0.753 times
23 Tue Jul 2024	155.99	160.00	160.75	152.56	1.044 times
22 Mon Jul 2024	159.39	157.95	162.66	156.21	1.084 times
19 Fri Jul 2024	160.19	165.00	165.00	158.93	1.032 times
18 Thu Jul 2024	165.28	169.19	169.80	165.00	0.776 times
16 Tue Jul 2024	169.10	171.60	176.40	168.25	1.655 times

Stock of Rain Industries (RAIN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 171.1, but if it comes below 171.1, then a intra day sell could be more profitable.
If you take a sell trade below 171.1, then use 171.1 as stoploss and 166.22 as target. However if you take a buy trade in stock , then use 171.1 as stoploss and 176.9 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	150.00
Downside Target	158.93
Downside Target	163.25
Downside Target	170.59
Upside Target	174.50
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	167.41
Downside Intraday Target	162.07
Upside Intraday Target	176.3
Upside Intraday Target	179.85
Downside Intraday Target	170.96

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	172.76	165.99	174.50	165.61	0.751 times
26 Fri Jul 2024	164.97	157.95	165.80	152.56	0.911 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

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
30 Tue Jul 2024	172.76	161.48	177.95	152.56	1.391 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 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 neutral. A longer time frame might give a better analysis.

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 but the buy signal is initial and weak.

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

Rain Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

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 164.95 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.