Overall Technical outlook

Price Summary

Ircon International Limited had a poor day at the stock market, and its shares dived -4.95%.
Ircon International Limited's stock started the year at 164.5, climbed to a high of 165.49, fell to 155.5, and closed -4.95% down at 156.36, with 5062064 shares traded on 2025-04-25.
The stock reached its highest price of 336.8 and lowest price of 138.17 over the last 52 weeks.
According to 3 analysts, the future price is anticipated to vary between 143.0 and 205.0, with an average expected price of around 164.0.

Technicals

Support and Resistance: The current price of 156.36 for IRCON finds support at 151.1 and resistance at 163.94. These levels define a range in which the price might oscillate, with 151.1 as a potential support and 163.94 as a resistance level.
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Support/Resistance for IRCON


Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for IRCON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Aroon chart for Ircon International Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Bolinger Bands chart for Ircon International Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Ircon International Limited


Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Ircon International Limited, which could result in a reversal. Investors should pay attention to this potential change in trend.
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Stochastic chart for Ircon International Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
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Tripple SMA chart for Ircon International Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.