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 2024-11-07 View latest technical analysis

10 day averaged volume of Rain Industries is 1153303

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	161.05	157.00	161.34	157.00	2.551 times
06 Wed Nov 2024	164.43	162.95	166.30	162.50	1.331 times
05 Tue Nov 2024	161.82	162.50	163.50	160.50	0.631 times
04 Mon Nov 2024	162.40	163.95	163.95	159.00	0.895 times
01 Fri Nov 2024	163.65	162.50	164.70	162.01	0.267 times
31 Thu Oct 2024	161.57	161.61	163.95	160.80	0.819 times
30 Wed Oct 2024	161.82	160.00	164.22	160.00	0.946 times
29 Tue Oct 2024	160.04	157.30	160.64	156.50	1.234 times
28 Mon Oct 2024	156.73	156.84	158.75	153.88	0.88 times
25 Fri Oct 2024	154.41	158.73	158.76	151.68	2.04 times

Stock of Rain Industries (RAIN) has showed a significant fall. This could be a good time to exit from this stock.

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 158.3 as stoploss in an intra day buy trade for a target of 165.68. However, stock will show a bearish move below 158.3.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	151.50
Downside Target	157.00
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	156.6
Downside Intraday Target	152.15
Upside Intraday Target	165.9
Upside Intraday Target	170.75
Upside Intraday Target	161.45

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	161.05	163.95	166.30	157.00	1.304 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 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
07 Thu Nov 2024	161.05	162.50	166.30	157.00	0.149 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Rain Industries in short term but the buy signal is initial and weak.

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 coming down

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 160.14 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.