Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-17 View latest technical analysis

10 day averaged volume of Rain Industries is 2322132

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	178.50	179.00	185.00	176.92	1.909 times
16 Wed Oct 2024	178.25	173.10	179.40	172.83	0.845 times
15 Tue Oct 2024	174.43	172.30	177.65	171.70	0.881 times
14 Mon Oct 2024	171.99	173.00	175.69	170.83	0.406 times
11 Fri Oct 2024	172.98	175.66	175.90	172.15	0.44 times
10 Thu Oct 2024	175.66	170.85	180.85	170.85	4.109 times
09 Wed Oct 2024	165.66	166.43	169.00	165.28	0.35 times
08 Tue Oct 2024	166.18	161.30	166.73	159.70	0.48 times
07 Mon Oct 2024	161.51	172.00	172.70	161.00	0.825 times
04 Fri Oct 2024	171.13	175.00	175.99	170.11	0.84 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 180 as stoploss in an intra day sell trade for a target of 174.75. However, stock will show a bullish move above 180.

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
Downside Target	170.11
Upside Target	180.85
Upside Target	184.35
Upside Target	184.70
Upside Target	185.00
Upside Target	192.75

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	171.22
Downside Intraday Target	163.94
Upside Intraday Target	185.39
Upside Intraday Target	192.28
Downside Intraday Target	178.11

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	178.50	173.00	185.00	170.83	0.651 times
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

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
17 Thu Oct 2024	178.50	179.50	185.00	159.70	0.452 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up 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 173.88 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.