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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 2024-10-23 View latest technical analysis

10 day averaged volume of Rain Industries is 2497404

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	161.92	161.30	164.35	158.71	0.564 times
22 Tue Oct 2024	161.32	170.00	170.12	160.36	0.633 times
21 Mon Oct 2024	170.33	179.45	179.45	169.70	0.542 times
18 Fri Oct 2024	177.82	177.80	179.70	174.00	0.511 times
17 Thu Oct 2024	178.50	179.00	185.00	176.92	1.775 times
16 Wed Oct 2024	178.25	173.10	179.40	172.83	0.785 times
15 Tue Oct 2024	174.43	172.30	177.65	171.70	0.819 times
14 Mon Oct 2024	171.99	173.00	175.69	170.83	0.378 times
11 Fri Oct 2024	172.98	175.66	175.90	172.15	0.409 times
10 Thu Oct 2024	175.66	170.85	180.85	170.85	3.821 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 166.6, but if it comes above 166.6, then a intra day buy could be more profitable.
If you take a sell trade below 166.6, then use 166.6 as stoploss and 158.8 as target. However if you take a buy trade in stock , then use 166.6 as stoploss and 173.11 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	151.50
Downside Target	158.71
Upside Target	165.00
Upside Target	170.11
Upside Target	174.60
Upside Target	179.80
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	153.94
Downside Intraday Target	145.95
Upside Intraday Target	174.68
Upside Intraday Target	187.43
Upside Intraday Target	166.69

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	161.92	179.45	179.45	158.71	0.408 times
18 Fri Oct 2024	177.82	173.00	185.00	170.83	0.74 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

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
23 Wed Oct 2024	161.92	179.50	185.00	158.71	0.535 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Rain Industries in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling 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 174.19 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.