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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 2024-10-30 View latest technical analysis

10 day averaged volume of Rain Industries is 1791285

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	161.82	160.00	164.22	160.00	0.609 times
29 Tue Oct 2024	160.04	157.30	160.64	156.50	0.795 times
28 Mon Oct 2024	156.73	156.84	158.75	153.88	0.566 times
25 Fri Oct 2024	154.41	158.73	158.76	151.68	1.313 times
24 Thu Oct 2024	158.09	162.00	162.51	157.50	0.616 times
23 Wed Oct 2024	161.92	161.30	164.35	158.71	0.787 times
22 Tue Oct 2024	161.32	170.00	170.12	160.36	0.883 times
21 Mon Oct 2024	170.33	179.45	179.45	169.70	0.756 times
18 Fri Oct 2024	177.82	177.80	179.70	174.00	0.713 times
17 Thu Oct 2024	178.50	179.00	185.00	176.92	2.475 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 160.1 as stoploss in an intra day buy trade for a target of 167.69. However, stock will show a bearish move below 160.1.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	130.05
Downside Target	151.50
Downside Target	159.70
Upside Target	164.22
Upside Target	170.11
Upside Target	176.20
Upside Target	179.45
Upside Target	179.80
Upside Target	180.85
Upside Target	184.35
Upside Target	185.00
Upside Target	192.75

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	155.73
Downside Intraday Target	149.63
Upside Intraday Target	166.07
Upside Intraday Target	170.31
Downside Intraday Target	159.97

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	161.82	156.84	164.22	153.88	0.452 times
25 Fri Oct 2024	154.41	179.45	179.45	151.68	0.732 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

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
30 Wed Oct 2024	161.82	179.50	185.00	151.68	0.639 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Rain Industries in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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 and selling is picking up 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 166.28 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.