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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 2024-09-17 View latest technical analysis

10 day averaged volume of Rain Industries is 3602107

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	183.27	186.60	186.60	181.87	0.761 times
16 Mon Sep 2024	185.87	187.00	192.75	185.20	1.918 times
13 Fri Sep 2024	184.74	175.90	186.44	175.30	3.859 times
12 Thu Sep 2024	175.06	173.10	177.00	172.37	0.443 times
11 Wed Sep 2024	172.40	174.05	177.00	171.75	0.474 times
10 Tue Sep 2024	174.05	174.00	177.80	173.50	0.689 times
09 Mon Sep 2024	172.45	168.41	174.39	167.00	0.842 times
06 Fri Sep 2024	168.54	171.95	174.00	168.00	0.5 times
05 Thu Sep 2024	171.43	168.70	173.20	168.55	0.512 times
04 Wed Sep 2024	168.84	165.69	171.49	165.00	0.505 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 185.9, for a target of 178.1 or 171.56

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	151.50
Downside Target	165.00
Downside Target	174.00
Downside Target	178.20
Downside Target	178.50
Downside Target	179.80
Downside Target	181.87
Upside Target	186.44
Upside Target	192.75

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	179.18
Downside Intraday Target	175.08
Upside Intraday Target	190.06
Upside Intraday Target	196.84
Upside Intraday Target	185.96

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	183.27	187.00	192.75	181.87	0.425 times
13 Fri Sep 2024	184.74	168.41	186.44	167.00	2.927 times
06 Fri Sep 2024	168.54	169.75	174.00	165.00	0.423 times
30 Fri Aug 2024	169.75	165.70	178.50	165.35	2.451 times
23 Fri Aug 2024	164.61	155.00	167.50	154.35	1.287 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
17 Tue Sep 2024	183.27	169.75	192.75	165.00	0.869 times
30 Fri Aug 2024	169.75	174.00	178.50	151.50	0.718 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

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 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 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 but buying 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 180 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.