Stock analysis Rain Industries Limited RAIN
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Recent prices of RAIN Rain Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Tue Oct 2024 | 166.18 | 159.70 to 166.73 | 2.89% | 0.47 times |
| 07 Mon Oct 2024 | 161.51 | 161.00 to 172.70 | -5.62% | 0.8 times |
| 04 Fri Oct 2024 | 171.13 | 170.11 to 175.99 | -2.22% | 0.82 times |
| 03 Thu Oct 2024 | 175.02 | 174.55 to 182.40 | -4.27% | 0.8 times |
| 01 Tue Oct 2024 | 182.83 | 178.51 to 184.30 | 1.56% | 1.16 times |
| 30 Mon Sep 2024 | 180.03 | 178.55 to 184.35 | 0.61% | 0.84 times |
| 27 Fri Sep 2024 | 178.93 | 178.11 to 184.40 | -0.7% | 0.8 times |
| 26 Thu Sep 2024 | 180.20 | 177.75 to 181.48 | 1.5% | 0.85 times |
| 25 Wed Sep 2024 | 177.54 | 176.21 to 184.70 | -0.62% | 1.88 times |
| 24 Tue Sep 2024 | 178.64 | 174.60 to 182.00 | 1.3% | 1.22 times |
| 23 Mon Sep 2024 | 176.34 | 175.11 to 179.45 | 0.65% | 0.83 times |
| 20 Fri Sep 2024 | 175.20 | 173.70 to 177.50 | 0.74% | 0.82 times |
Technical analysis forecast for Rain Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Rain Industries Limited RAIN at this time. Stock is falling and might fall more.
It appears as if Rain Industries Limited RAIN gave a large move recently.
Stock of Rain Industries Limited (RAIN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Rain Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rain Industries Limited stays below 168, but if it comes above 168, then a intra day buy could be more profitable.
If you take a sell trade below 168, then use 168 as stoploss and 160.9 as target. However if you take a buy trade in Rain Industries Limited, then use 168 as stoploss and 173.89 as target.