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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 2024-12-04 View latest technical analysis

10 day averaged volume of Rain Industries is 1045489

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	160.50	159.75	163.30	158.20	1.561 times
03 Tue Dec 2024	159.10	153.80	162.50	153.60	2.736 times
02 Mon Dec 2024	153.60	154.30	154.57	152.21	0.486 times
29 Fri Nov 2024	153.74	152.60	154.09	150.90	0.745 times
28 Thu Nov 2024	152.00	151.75	153.59	151.06	0.825 times
27 Wed Nov 2024	151.49	151.30	152.70	150.30	0.544 times
26 Tue Nov 2024	150.68	152.40	152.96	150.11	0.576 times
25 Mon Nov 2024	151.23	150.98	152.00	149.54	0.884 times
22 Fri Nov 2024	148.25	148.00	148.90	145.80	0.72 times
21 Thu Nov 2024	146.55	149.00	149.20	144.90	1.357 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 159.1, but if it comes below 159.1, then a intra day sell could be more profitable.
If you take a sell trade below 159.1, then use 159.1 as stoploss and 153.81 as target. However if you take a buy trade in stock , then use 159.1 as stoploss and 165.5 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	144.23
Downside Target	149.54
Downside Target	158.69
Upside Target	163.30
Upside Target	165.00
Upside Target	166.30
Upside Target	178.50
Upside Target	185.00
Upside Target	192.75

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	154.04
Downside Intraday Target	147.58
Upside Intraday Target	165.13
Upside Intraday Target	169.76
Downside Intraday Target	158.67

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	160.50	154.30	163.30	152.21	1.339 times
29 Fri Nov 2024	153.74	150.98	154.09	149.54	0.752 times
22 Fri Nov 2024	148.25	149.59	153.10	144.62	1.044 times
14 Thu Nov 2024	148.99	158.64	158.69	144.23	0.614 times
08 Fri Nov 2024	159.14	163.95	166.30	157.00	1.62 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
04 Wed Dec 2024	160.50	154.30	163.30	152.21	0.232 times
29 Fri Nov 2024	153.74	162.50	166.30	144.23	0.489 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

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 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 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 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 BUY. 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 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 154.2 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.