Overall Technical outlook

Price Summary

RITES Limited's stock started the year at 286.0, climbed to a high of 294.0, fell to 280.7, and closed 1.33% up at 289.8, with 2356228 shares traded on 2025-06-13.
The peak price for the stock in the past 52 weeks is 387.9, with the lowest price being 198.47.
4 analysts estimate that the future price of RITES will fall between 237.0 and 301.0, with an average price expectation of approximately 266.0.

Technicals

Support and Resistance: The current price is 289.8, with support at 267.15 and resistance at 294.93. This range suggests that the price might move between these levels, with 267.15 offering support and 294.93 capping further gains for RITES Limited.
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Support/Resistance for RITES


Aroon: The AROON is currently in a neutral position for RITES 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.
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Aroon chart for RITES Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for RITES 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.
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Bolinger Bands chart for RITES Limited


Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for RITES. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher.
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Parabolic Stop and Reverse chart for RITES Limited


Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Stochastic chart for RITES Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for RITES is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering.
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Tripple SMA chart for RITES Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.