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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 2024-10-09 View latest technical analysis

10 day averaged volume of Rain Industries is 2300806

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	165.66	166.43	169.00	165.28	0.353 times
08 Tue Oct 2024	166.18	161.30	166.73	159.70	0.485 times
07 Mon Oct 2024	161.51	172.00	172.70	161.00	0.833 times
04 Fri Oct 2024	171.13	175.00	175.99	170.11	0.848 times
03 Thu Oct 2024	175.02	179.94	182.40	174.55	0.831 times
01 Tue Oct 2024	182.83	179.50	184.30	178.51	1.202 times
30 Mon Sep 2024	180.03	179.09	184.35	178.55	0.876 times
27 Fri Sep 2024	178.93	180.98	184.40	178.11	0.826 times
26 Thu Sep 2024	180.20	178.10	181.48	177.75	0.883 times
25 Wed Sep 2024	177.54	179.10	184.70	176.21	1.953 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 169.9, but if it comes above 169.9, then a intra day buy could be more profitable.
If you take a sell trade below 169.9, then use 169.9 as stoploss and 162.3 as target. However if you take a buy trade in stock , then use 169.9 as stoploss and 176.32 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	151.50
Downside Target	159.70
Downside Target	165.00
Upside Target	178.50
Upside Target	179.80
Upside Target	184.30
Upside Target	184.35
Upside Target	184.70
Upside Target	186.44
Upside Target	192.75

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	159.34
Downside Intraday Target	153.02
Upside Intraday Target	172.34
Upside Intraday Target	179.02
Upside Intraday Target	166.02

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	165.66	172.00	172.70	159.70	0.445 times
04 Fri Oct 2024	171.13	179.09	184.35	170.11	0.649 times
27 Fri Sep 2024	178.93	176.40	184.70	174.60	0.619 times
20 Fri Sep 2024	175.20	187.00	192.75	171.64	0.948 times
13 Fri Sep 2024	184.74	168.41	186.44	167.00	2.927 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
09 Wed Oct 2024	165.66	179.50	184.30	159.70	0.155 times
30 Mon Sep 2024	180.03	169.75	192.75	165.00	1.459 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

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 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 SELL. Signal strength is Strong and stock is losing 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 green color and prices are in or below the green cloud Prices appear to be coming down

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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rain Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 175.5 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.