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Technicals for Container Corporation of India Limited
By MusingTheNews
2025-10-17 20:30
Overall Technical outlook
Price Summary
Container Corporation of India Limited's stock opened at 535.0 on 2025-10-17, surged to 535.0, hit a low of 525.7, and closed up -1.03% at 529.5, with 699629 shares traded. Over the past 52 weeks, the stock reached a maximum price of 872.6 and a minimum price of 523.3. The expected price range is between 465.0 and 730.0, with a mean anticipated price of 580.82355, according to 17 analysts.
Technicals
Support and Resistance: The price for CONCOR at 529.5 finds support at 531.8 and resistance at 531.8. This suggests a trading range, where 531.8 serves as a support level and 531.8 acts as a resistance point, potentially capping further gains. 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 current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Container Corporation of India Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for CONCOR. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Container Corporation of India Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for CONCOR, with no strong trend emerging. 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
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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