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 2024-11-06 View latest technical analysis

10 day averaged volume of Rain Industries is 1140698

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	164.43	162.95	166.30	162.50	1.346 times
05 Tue Nov 2024	161.82	162.50	163.50	160.50	0.638 times
04 Mon Nov 2024	162.40	163.95	163.95	159.00	0.905 times
01 Fri Nov 2024	163.65	162.50	164.70	162.01	0.27 times
31 Thu Oct 2024	161.57	161.61	163.95	160.80	0.828 times
30 Wed Oct 2024	161.82	160.00	164.22	160.00	0.956 times
29 Tue Oct 2024	160.04	157.30	160.64	156.50	1.248 times
28 Mon Oct 2024	156.73	156.84	158.75	153.88	0.889 times
25 Fri Oct 2024	154.41	158.73	158.76	151.68	2.062 times
24 Thu Oct 2024	158.09	162.00	162.51	157.50	0.968 times

My analysis of stock is bearish for shortterm, and stock might move down till 158.9 or till 149.8. Use a stoploss of 166.41 and if the stock hits stoploss, then it can shoot up till 173.97

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	151.50
Downside Target	159.00
Upside Target	164.70
Upside Target	170.83
Upside Target	178.50
Upside Target	179.45
Upside Target	179.80
Upside Target	180.85
Upside Target	185.00
Upside Target	192.75

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	160.19
Downside Intraday Target	155.94
Upside Intraday Target	167.49
Upside Intraday Target	170.54
Downside Intraday Target	163.24

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	164.43	163.95	166.30	159.00	0.689 times
01 Fri Nov 2024	163.65	156.84	164.70	153.88	0.613 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

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
06 Wed Nov 2024	164.43	162.50	166.30	159.00	0.082 times
31 Thu Oct 2024	161.57	179.50	185.00	151.68	0.653 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

Scroll below to view daily charts

Price has moved up 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Rain Industries in short term but the buy 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 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 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 and BUY 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 159.71 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 negative.

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