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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 2024-10-11 View latest technical analysis

10 day averaged volume of Rain Industries is 2596183

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	172.98	175.66	175.90	172.15	0.394 times
10 Thu Oct 2024	175.66	170.85	180.85	170.85	3.675 times
09 Wed Oct 2024	165.66	166.43	169.00	165.28	0.313 times
08 Tue Oct 2024	166.18	161.30	166.73	159.70	0.43 times
07 Mon Oct 2024	161.51	172.00	172.70	161.00	0.738 times
04 Fri Oct 2024	171.13	175.00	175.99	170.11	0.752 times
03 Thu Oct 2024	175.02	179.94	182.40	174.55	0.736 times
01 Tue Oct 2024	182.83	179.50	184.30	178.51	1.065 times
30 Mon Sep 2024	180.03	179.09	184.35	178.55	0.776 times
27 Fri Sep 2024	178.93	180.98	184.40	178.11	0.732 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 170 as stoploss in an intra day buy trade for a target of 176.38. However, stock will show a bearish move below 170.

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	179.80
Upside Target	180.85
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	161.5
Downside Intraday Target	150.03
Upside Intraday Target	182.65
Upside Intraday Target	192.33
Downside Intraday Target	171.18

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	172.98	172.00	180.85	159.70	1.667 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 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
11 Fri Oct 2024	172.98	179.50	184.30	159.70	0.312 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Rain Industries in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Rain Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 174.71 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.