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Technicals for Indian Railway Catering & Tourism Corporation Limited
By MusingTheNews
2025-06-13 20:39
Overall Technical outlook
Price Summary
Indian Railway Catering & Tourism Corporation Limited's shares climbed 2.07% today, reflecting a phenomenal day on the market. On 2025-06-13, Indian Railway Catering & Tourism Corporation Limited's stock began at 755.0, peaked at 774.7, declined to 753.75, and ended the day 2.07% higher at 770.65, with 1302676 shares traded. Over the past year, the stock's highest price was 1045.6, and its lowest was 670.95. IRCTC's future price is expected to lie between 560.0 and 1200.0, with an average expectation of 831.0, as per the recommendations of 8 analysts.
Technicals
Support and Resistance: The current price for IRCTC is 770.65, supported at 768.95 with resistance at 796.3. This indicates a trading range where 768.95 might prevent further declines, while 796.3 could hinder additional gains. Support/Resistance for IRCTC
Aroon: The current reading of the AROON is neutral for IRCTC, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Indian Railway Catering & Tourism Corporation Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, having previously been lower than the band. This upward crossover suggests that the market may be recovering from oversold conditions, indicating a potential shift in momentum. The move could signal the beginning of a recovery or a weakening of the bearish trend, with the possibility of a more positive outlook on the horizon. Bolinger Bands chart for Indian Railway Catering & Tourism Corporation Limited
Parabolic SAR: The PSAR for IRCTC 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 Indian Railway Catering & Tourism Corporation Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Indian Railway Catering & Tourism Corporation Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Indian Railway Catering & Tourism Corporation Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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