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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 2024-08-26 View latest technical analysis

10 day averaged volume of Rain Industries is 1467282

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	169.75	165.70	172.00	165.35	2.248 times
23 Fri Aug 2024	164.61	165.00	167.50	164.25	1.125 times
22 Thu Aug 2024	163.91	161.44	165.00	161.00	0.903 times
21 Wed Aug 2024	160.40	159.84	163.22	159.10	1.326 times
20 Tue Aug 2024	158.55	157.00	160.22	157.00	0.815 times
19 Mon Aug 2024	156.38	155.00	158.45	154.35	0.935 times
16 Fri Aug 2024	154.84	155.48	155.86	153.28	0.746 times
14 Wed Aug 2024	153.60	155.85	155.89	151.50	1.422 times
13 Tue Aug 2024	154.85	159.70	159.99	154.45	0.775 times
12 Mon Aug 2024	158.03	157.00	159.76	155.55	1.023 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 168.6, but if it comes below 168.6, then a intra day sell could be more profitable.
If you take a sell trade below 168.6, then use 168.6 as stoploss and 162.33 as target. However if you take a buy trade in stock , then use 168.6 as stoploss and 176.2 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	151.50
Downside Target	159.99
Downside Target	165.35
Downside Target	167.50
Upside Target	172.00
Upside Target	176.01
Upside Target	176.20
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	166.07
Downside Intraday Target	162.38
Upside Intraday Target	172.72
Upside Intraday Target	175.68
Downside Intraday Target	169.03

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	169.75	165.70	172.00	165.35	0.44 times
23 Fri Aug 2024	164.61	155.00	167.50	154.35	1.287 times
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

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
26 Mon Aug 2024	169.75	174.00	176.01	151.50	0.484 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 160.68 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.