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Technicals for Container Corporation of India Limited
By MusingTheNews
2026-02-02 20:30
Overall Technical outlook
Price Summary
On 2026-02-02, Container Corporation of India Limited's stock opened at 505.0, peaked at 513.05, hit a low of 496.5, and closed 0.56% higher at 507.85, with 1356405 shares changing hands. In the last 52 weeks, the stock's top price was 809.5 and the bottom price was 479.75. Based on recommendations from 17 analysts, the future price of CONCOR is expected to range from 477.0 to 730.0, with an average price expectation around 583.7059.
Technicals
Support and Resistance: The price of 507.85 is supported at 506.5 and encounters resistance at 517.55. This suggests key levels where the price might find stability, with 506.5 providing a base and 517.55 acting as an upper boundary for CONCOR. Support/Resistance for CONCOR
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Container Corporation of India Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Container Corporation of India Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for CONCOR. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Container Corporation of India Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Container Corporation of India Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for Container Corporation of India Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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