Overall Technical outlook

Price Summary

On 2025-10-17, RITES Limited's stock began at 251.02, peaked at 251.23, declined to 246.17, and ended the day -1.05% lower at 248.38, with 314668 shares traded.
The stock reached its highest price of 309.2 and its lowest price of 198.47 during the 52-week period.

Technicals

Support and Resistance: The price currently sits at 248.38, finding support at 243.95 and resistance at 257.85. These levels define a range for RITES Limited where the price may move, with 243.95 offering a base and 257.85 limiting upward momentum.
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Support/Resistance for RITES


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for RITES, with no strong trend emerging.
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Aroon chart for RITES Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Bolinger Bands chart for RITES Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for RITES Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Stochastic chart for RITES Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for RITES. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted.
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Tripple SMA chart for RITES Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.