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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 2024-08-29 View latest technical analysis

10 day averaged volume of Rain Industries is 2470886

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	167.46	171.90	172.65	165.81	1.039 times
28 Wed Aug 2024	171.57	174.69	178.50	170.94	1.592 times
27 Tue Aug 2024	172.89	171.31	177.29	171.30	2.754 times
26 Mon Aug 2024	169.75	165.70	172.00	165.35	1.335 times
23 Fri Aug 2024	164.61	165.00	167.50	164.25	0.668 times
22 Thu Aug 2024	163.91	161.44	165.00	161.00	0.536 times
21 Wed Aug 2024	160.40	159.84	163.22	159.10	0.787 times
20 Tue Aug 2024	158.55	157.00	160.22	157.00	0.484 times
19 Mon Aug 2024	156.38	155.00	158.45	154.35	0.555 times
16 Fri Aug 2024	154.84	155.48	155.86	153.28	0.443 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 168.4 as stoploss in an intra day sell trade for a target of 162.25. However, stock will show a bullish move above 168.4.

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
Upside Target	167.50
Upside Target	176.20
Upside Target	178.20
Upside Target	178.50
Upside Target	179.80
Upside Target	184.50

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	162.37
Downside Intraday Target	157.29
Upside Intraday Target	175.52
Upside Intraday Target	183.59
Upside Intraday Target	170.44

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	167.46	165.70	178.50	165.35	2.217 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, 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
29 Thu Aug 2024	167.46	174.00	178.50	151.50	0.69 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 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 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 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 in or below 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 SELL signal in short term and selling is picking up 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 167.38 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.