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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 2024-04-22 View latest technical analysis

10 day averaged volume of Rain Industries is 3511679

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	179.45	174.75	180.90	174.60	0.907 times
19 Fri Apr 2024	173.15	172.00	173.90	169.60	0.84 times
18 Thu Apr 2024	172.90	173.00	178.20	170.85	0.646 times
16 Tue Apr 2024	171.55	171.20	174.50	170.05	0.455 times
15 Mon Apr 2024	172.00	173.05	175.95	169.00	0.97 times
12 Fri Apr 2024	178.80	179.95	182.50	176.20	1.356 times
10 Wed Apr 2024	180.45	171.00	181.45	170.90	2.769 times
09 Tue Apr 2024	170.40	172.00	173.90	168.50	0.636 times
08 Mon Apr 2024	171.85	172.00	174.45	170.65	0.598 times
05 Fri Apr 2024	171.15	172.35	173.40	169.30	0.697 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 176.3, but if it comes below 176.3, then a intra day sell could be more profitable.
If you take a sell trade below 176.3, then use 176.3 as stoploss and 167.61 as target. However if you take a buy trade in stock , then use 176.3 as stoploss and 186.8 as target.

Share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Target	142.50
Downside Target	145.90
Downside Target	150.00
Downside Target	156.00
Downside Target	160.95
Downside Target	164.90
Downside Target	168.50
Downside Target	174.60
Upside Target	180.90
Upside Target	182.50
Upside Target	185.70
Upside Target	188.50
Upside Target	219.60

Intraday share price targets for Rain Industries (RAIN)

Target Type	Value
Downside Intraday Target	175.73
Downside Intraday Target	172.02
Upside Intraday Target	182.03
Upside Intraday Target	184.62
Downside Intraday Target	178.32

Weekly technical analysis of Rain Industries (RAIN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	179.45	174.75	180.90	174.60	0.312 times
19 Fri Apr 2024	173.15	173.05	178.20	169.00	0.543 times
12 Fri Apr 2024	178.80	172.00	182.50	168.50	0.921 times
05 Fri Apr 2024	171.15	152.00	175.15	152.00	1.676 times
28 Thu Mar 2024	150.70	159.90	160.95	150.00	0.917 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
22 Mon Apr 2024	179.45	152.00	182.50	152.00	0.784 times
28 Thu Mar 2024	150.70	185.00	185.70	150.00	0.248 times
29 Thu Feb 2024	183.90	175.80	219.60	164.90	1.911 times
31 Wed Jan 2024	174.25	155.00	188.50	145.90	2.518 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 weakening, and bulls 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 BUY signal in short term and the buying is gaining 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 175.95 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 positive

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