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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 2024-08-02 View latest technical analysis

10 day averaged volume of Rain Industries is 2486694

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	170.30	169.00	174.40	166.22	0.883 times
01 Thu Aug 2024	171.50	174.00	176.01	170.60	0.86 times
31 Wed Jul 2024	173.97	173.90	179.80	173.00	2.521 times
30 Tue Jul 2024	172.76	166.98	174.50	166.52	1.669 times
29 Mon Jul 2024	166.78	165.99	170.45	165.61	0.826 times
26 Fri Jul 2024	164.97	161.57	165.80	161.50	0.575 times
25 Thu Jul 2024	161.57	159.60	163.50	156.75	0.502 times
24 Wed Jul 2024	160.45	156.99	162.00	156.69	0.586 times
23 Tue Jul 2024	155.99	160.00	160.75	152.56	0.813 times
22 Mon Jul 2024	159.39	157.95	162.66	156.21	0.844 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 172.4 as stoploss in an intra day sell trade for a target of 167.08. However, stock will show a bullish move above 172.4.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	152.00
Downside Target	158.93
Downside Target	163.25
Upside Target	170.59
Upside Target	176.01
Upside Target	176.20
Upside Target	176.40
Upside Target	177.95
Upside Target	178.20
Upside Target	179.80
Upside Target	184.50

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	164.01
Downside Intraday Target	157.71
Upside Intraday Target	178.2
Upside Intraday Target	186.09
Upside Intraday Target	171.9

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	170.30	165.99	179.80	165.61	2.035 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rain Industries (RAIN)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	170.30	174.00	176.01	166.22	0.067 times
31 Wed Jul 2024	173.97	161.48	179.80	152.56	1.541 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 mid to longer 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.

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 green color and prices are above the green 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 168.06 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 negative.

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