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Technicals for RailTel Corporation of India Limited
By MusingTheNews
2026-02-03 20:53
Overall Technical outlook
Price Summary
RailTel Corporation of India Limited's stock, on 2026-02-03 opened at 340.0, climbed to a high of 347.85, dropped to a low of 334.0, and closed up -1.5% at 334.9, with 1606364 shares traded. The stock's highest price in the past 52 weeks is 461.15, while its lowest price during the same period is 275.6.
Technicals
Support and Resistance: At 334.9, the price for RAILTEL is supported at 328.2 and resisted at 344.5. This indicates a trading range where 328.2 serves as a support level, potentially preventing further decline, while 344.5 could limit upward movement. Support/Resistance for RAILTEL
Aroon: The current reading of the AROON 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. Aroon chart for RailTel Corporation of India 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 RailTel Corporation of India Limited
Parabolic SAR: The PSAR maintains a bearish outlook for RAILTEL, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for RailTel Corporation of India Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for RailTel Corporation of India Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages points to a bullish trend, though the slopes of the faster averages suggest a potential reversal. The weakening momentum in these shorter-term averages indicates that the current trend may not be sustainable for RAILTEL, raising the possibility of a change in direction. Tripple SMA chart for RailTel Corporation of India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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