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Technicals for Indian Railway Catering & Tourism Corporation Limited
By MusingTheNews
2025-08-15 20:39
Overall Technical outlook
Price Summary
Indian Railway Catering & Tourism Corporation Limited's stock opened at 733.5 on 2025-08-14, surged to 737.75, dropped to 721.8, and ended -1.19% down at 724.8, with 1073784 shares traded. In the last 52 weeks, the stock's top price was 945.25 and the bottom price was 670.95. The price projection is between 560.0 and 1200.0, with an average expected price around 831.0, according to 8 analysts.
Technicals
Support and Resistance: The price for IRCTC at 724.8 finds support at 719.2 and resistance at 746.8. This suggests a trading range, where 719.2 serves as a support level and 746.8 acts as a resistance point, potentially capping further gains. Support/Resistance for IRCTC
Aroon: The current state of the AROON 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. Aroon chart for Indian Railway Catering & Tourism Corporation Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Indian Railway Catering & Tourism Corporation Limited
Parabolic SAR: The PSAR for IRCTC has recently shifted from a bearish to a bullish direction, indicating a potential trend reversal. When combined with other indicators, this change could signal a strong bullish trend, provided it is supported by a broader market trend. Investors should consider this a positive development, especially if other indicators align with this shift. Parabolic Stop and Reverse chart for Indian Railway Catering & Tourism Corporation Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Indian Railway Catering & Tourism Corporation Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Indian Railway Catering & Tourism Corporation Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make 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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