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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.

10 day averaged volume of Rain Industries is 5153694

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 157.95 151.50 159.45 151.30 0.775 times
13 Tue Apr 2021 154.15 151.30 156.90 150.80 0.54 times
12 Mon Apr 2021 150.75 160.30 161.90 147.25 1.06 times
09 Fri Apr 2021 168.35 170.00 173.45 166.15 1.016 times
08 Thu Apr 2021 169.20 163.50 175.00 163.05 2.073 times
07 Wed Apr 2021 161.80 151.50 165.65 151.40 2.604 times
06 Tue Apr 2021 150.95 148.05 152.35 146.25 0.837 times
05 Mon Apr 2021 147.20 149.95 153.50 145.40 0.438 times
01 Thu Apr 2021 149.90 144.70 154.10 144.00 0.702 times
31 Wed Mar 2021 142.85 143.80 146.45 141.25 0.272 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 158.5 as stoploss in an intra day sell trade for a target of 150.34. However, stock will show a bullish move above 158.5.

Share price targets for Rain Industries (RAIN)

Target Type Value
Downside Target 110.55
Downside Target 121.40
Downside Target 124.00
Downside Target 137.60
Downside Target 141.25
Downside Target 151.60
Downside Target 156.60
Upside Target 158.40
Upside Target 161.90
Upside Target 172.35
Upside Target 174.25
Upside Target 175.00

Intraday share price targets for Rain Industries (RAIN)

Target Type Value
Downside Intraday Target 149.5
Downside Intraday Target 141.05
Upside Intraday Target 164.15
Upside Intraday Target 170.35
Downside Intraday Target 155.7

Weekly technical analysis of Rain Industries (RAIN)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 157.95 160.30 161.90 147.25 0.341 times
09 Fri Apr 2021 168.35 149.95 175.00 145.40 4.868 times
01 Thu Apr 2021 149.90 143.05 154.10 141.25 0.984 times
26 Fri Mar 2021 140.85 147.00 151.60 137.60 0.529 times
19 Fri Mar 2021 146.55 148.75 158.40 137.60 1.282 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
15 Thu Apr 2021 157.95 144.70 175.00 144.00 0.973 times
31 Wed Mar 2021 142.85 170.00 172.35 137.60 0.676 times
25 Thu Feb 2021 166.45 127.00 174.25 124.00 1.208 times
29 Fri Jan 2021 126.70 130.50 156.60 121.40 1.222 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)

Indicator Name Indicator Value Indicator Signal
ADX 26, 24, 3 Buy
MACD 6, 5Buy
Stochastics 39None
CCI 10Buy
RSI 55Buy
OBV 21883227Sell
VWAP 159Sell
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rain Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 BUY signal in short term but buying is losing 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 159.3 and Rain Industries (RAIN) stock is trading below this level. This means that stock is falling with high volumes. 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.

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Daily charts

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