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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 2024-08-16 View latest technical analysis

10 day averaged volume of Rain Industries is 1923050

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	154.84	155.48	155.86	153.28	0.569 times
14 Wed Aug 2024	153.60	155.85	155.89	151.50	1.085 times
13 Tue Aug 2024	154.85	159.70	159.99	154.45	0.592 times
12 Mon Aug 2024	158.03	157.00	159.76	155.55	0.78 times
09 Fri Aug 2024	157.22	159.05	161.00	156.25	0.71 times
08 Thu Aug 2024	158.37	161.05	161.94	158.00	0.778 times
07 Wed Aug 2024	160.08	157.90	161.00	157.50	1.194 times
06 Tue Aug 2024	159.22	163.30	167.25	157.50	1.304 times
05 Mon Aug 2024	161.47	165.50	166.29	160.13	1.302 times
02 Fri Aug 2024	170.30	169.00	174.40	166.22	1.142 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 155.7, but if it comes above 155.7, then a intra day buy could be more profitable.
If you take a sell trade below 155.7, then use 155.7 as stoploss and 148.5 as target. However if you take a buy trade in stock , then use 155.7 as stoploss and 161.78 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	151.50
Upside Target	165.61
Upside Target	167.25
Upside Target	176.01
Upside Target	176.20
Upside Target	176.40
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	150.9
Downside Intraday Target	146.95
Upside Intraday Target	159.39
Upside Intraday Target	163.93
Upside Intraday Target	155.44

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	154.84	157.00	159.99	151.50	0.572 times
09 Fri Aug 2024	157.22	165.50	167.25	156.25	0.605 times
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

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
16 Fri Aug 2024	154.84	174.00	176.01	151.50	0.316 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 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 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 Strong and stock is gaining 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 159.48 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.