This article examines the stock market volatility and investor behavior in India...
Technicals for Indian Railway Catering & Tourism Corporation Limited
By MusingTheNews
2025-04-25 20:39
Overall Technical outlook
Price Summary
IRCTC's shares experienced a significant -3.26% plunge, indicating a lousy market performance. Indian Railway Catering & Tourism Corporation Limited's stock opened at 777.2 on 2025-04-25, surged to 781.3, hit a low of 748.2, and closed up -3.26% at 751.85, with 1352149 shares traded. Over the course of 52 weeks, the stock peaked at 1126.0 and hit a low of 670.95. Analysts predict that the future price will fluctuate between 570.0 and 1200.0, with the mean expected price being approximately 816.0.
Technicals
Support and Resistance: The current price of 751.85 for IRCTC finds support at 746.85 and resistance at 768.95. These levels define a range in which the price might oscillate, with 746.85 as a potential support and 768.95 as a resistance level. Support/Resistance for IRCTC
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Indian Railway Catering & Tourism Corporation Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Indian Railway Catering & Tourism Corporation Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Indian Railway Catering & Tourism Corporation Limited
Stochastic: The K-line has slipped below the D-line on the stochastic indicator while staying above 80, suggesting the onset of a bearish price move. This pattern may indicate that the market's upward momentum is starting to fade, which could lead to a reversal. Investors should be mindful of this possible shift for IRCTC. Stochastic chart for Indian Railway Catering & Tourism Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Indian Railway Catering & Tourism Corporation Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into how digital technologies are transforming financial services in...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.