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Technicals for Container Corporation of India Limited
By MusingTheNews
2025-04-25 20:30
Overall Technical outlook
Price Summary
Container Corporation of India Limited's stock saw a -4.74% drop, showcasing an awful market day. On 2025-04-25, Container Corporation of India Limited's stock started at 712.5, soared to 714.95, dropped to 675.0, and finished the day -4.74% down at 678.75, with a trading volume of 1115278 shares. The highest price the stock achieved in the past 52 weeks is 1174.25, while the lowest price it saw is 623.7. The future price of CONCOR is projected to range from 610.0 to 1025.0, with an average expected price of 776.35297, according to 17 analysts.
Technicals
Support and Resistance: The price of 678.75 is supported at 656.65 and capped by resistance at 700.45. These levels mark key points for Container Corporation of India Limited where the price could find stability, with 656.65 as a floor and 700.45 as a ceiling. Support/Resistance for CONCOR
Aroon: The AROON 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. 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 for CONCOR maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Container Corporation of India Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Container Corporation of India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Container Corporation of India Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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