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2022 Rain Industries (RAIN) technical analysis [forecast] stock price targets

Rain Industries technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Rain Industries deals in Petrochemicals Rain Industries option chain analysis

Date Close Open High Low Volume
24 Mon Jan 215.25 229.15 230.70 212.00 22.36 lakhs
21 Fri Jan 229.20 228.10 234.85 226.20 21.82 lakhs
20 Thu Jan 232.85 230.40 235.85 229.40 18.64 lakhs
19 Wed Jan 229.35 232.40 235.00 223.45 34.26 lakhs
18 Tue Jan 232.65 248.85 248.85 229.30 37.2 lakhs
RAIN chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 212.5, for a target of 225.7 or 236.63

  • Daily Price action analysis of RAIN based on a short 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of RAIN based on a 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.

Intraday technical analysis of Rain Industries

Stock is trading at 214.40 as on 25 Tue Jan 9:45

Day open is at 214.50, day high is at 215.25, day low is at 209.95, and day volume is at 15.69 lakhs so far.

First 15 minute high low range is 209.95 - 214.50

First hour high low range is 209.95 - 215.25

Date Intraday Price Open High Low Volume
25 Tue Jan 9:45 214.40 214.50 215.25 209.95 399849
25 Tue Jan 9:40 214.35 214.50 215.25 209.95 353799
25 Tue Jan 9:35 215.10 214.50 215.25 209.95 288758
25 Tue Jan 9:30 214.10 214.50 214.50 209.95 231970
25 Tue Jan 9:25 212.65 214.50 214.50 209.95 178665
Intraday RAIN chart

Trend of Rain Industries is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Rain Industries (RAIN) intraday stock price targets

  • EntEntry: 212.23 or 217.4875
  • Upside target: 214.5
  • Downside target : 205.4
  • Second Upside target: 222.98
  • Second Downside target : 204.28

Rain Industries (RAIN) weekly technical analysis

Date Weekly Close Open Range Volume
24 Mon Jan 215.25 229.15 212.00
230.70
22.365 lakhs
21 Fri Jan 229.20 250.40 223.45
253.25
173.905 lakhs
14 Fri Jan 251.40 243.05 236.05
255.80
201.45 lakhs
07 Fri Jan 244.80 240.65 231.75
249.70
165.57 lakhs
31 Fri Dec 239.80 201.50 199.00
244.80
332.755 lakhs
weekly RAIN chart

Weekly forecast of Rain Industries is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Rain Industries 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.

Weekly Price action analysis of Rain Industries based on a short to mid 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

Rain Industries (RAIN) Monthly technical analysis

Date Monthly Close Open Range Volume
24 Mon Jan 215.25 240.65 212.00
255.80
563.289 lakhs
31 Fri Dec 239.80 206.00 198.60
244.80
577.075 lakhs
30 Tue Nov 198.25 228.50 192.00
236.70
301.356 lakhs
29 Fri Oct 227.60 242.05 220.75
259.50
469.816 lakhs
30 Thu Sep 240.90 226.00 217.05
249.90
669.836 lakhs
monthly RAIN chart

Monthly forecast of Rain Industries is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Rain Industries based on a short 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.

Monthly Price action analysis of Rain Industries 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.

Rain Industries Daily stock price targets

  • Upside daily target: 261.45
  • Upside daily target: 248.1
  • Upside daily target: 235.38
  • Upside daily target: 222.98
  • Downside daily target: 204.28

Rain Industries Weekly stock price targets

  • Upside weekly target: 265.2
  • Upside weekly target: 249.76
  • Upside weekly target: 232.34
  • Upside weekly target: 219.4
  • Downside weekly target: 207.98
  • Downside weekly target: 193.38

Rain Industries Monthly stock price targets

  • Upside monthly target: 305.3
  • Upside monthly target: 265.4
  • Upside monthly target: 249.2
  • Upside monthly target: 235.53
  • Upside monthly target: 223.76
  • Downside monthly target: 208.73
  • Downside monthly target: 195.94
  • Downside monthly target: 185.08
  • Downside monthly target: 175.55
  • Downside monthly target: 161.63

Rain Industries (RAIN) indicators technical analysis

Price action analysis of Rain Industries (RAIN) based on a short 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 SELL signal for Rain Industries in short term but the sell signal is initial and weak.

Rain Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Rain Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 241.21 and Rain Industries RAIN stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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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chart RAIN