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Technicals for Indian Railway Catering & Tourism Corporation Limited
By MusingTheNews
2025-10-17 20:40
Overall Technical outlook
Price Summary
Indian Railway Catering & Tourism Corporation Limited's stock began trading at 718.3 on 2025-10-17, soared to 722.2, dipped to 714.0, and finished the day 0.14% up at 719.3, with 1099049 shares exchanged. The stock's highest value over the last 52 weeks is 881.0, and the lowest value is 670.95. 8 analysts forecast that the price of IRCTC will range from 560.0 to 1200.0, with an average expected price near 816.75.
Technicals
Support and Resistance: The current price for IRCTC is 719.3, supported at 691.95 with resistance at 722.55. This indicates a trading range where 691.95 might prevent further declines, while 722.55 could hinder additional gains. Support/Resistance for IRCTC
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for IRCTC. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Indian Railway Catering & Tourism Corporation Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Indian Railway Catering & Tourism Corporation Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Indian Railway Catering & Tourism Corporation Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Indian Railway Catering & Tourism Corporation Limited
Stochastic: The stochastic indicator for IRCTC reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains. Stochastic chart for Indian Railway Catering & Tourism Corporation Limited
Tripple Moving Agerage: The moving averages for IRCTC for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change. Tripple SMA chart for Indian Railway Catering & Tourism Corporation Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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