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Technicals for Container Corporation of India Limited
By MusingTheNews
2025-07-16 20:30
Overall Technical outlook
Price Summary
On 2025-07-16, CONCOR's stock opened at 621.0, reached a peak of 625.0, dropped to 618.25, and ended -0.18% lower at 619.9, with a volume of 1179954 shares. The stock's highest price in the past 52 weeks is 1048.65, while its lowest price during the same period is 596.2. 16 analysts estimate that the future price of CONCOR will fall between 610.0 and 995.0, with an average price expectation of approximately 764.375.
Technicals
Support and Resistance: The price of 619.9 is supported at 598.35 and capped by resistance at 628.65. These levels mark key points for Container Corporation of India Limited where the price could find stability, with 598.35 as a floor and 628.65 as a ceiling. Support/Resistance for CONCOR
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 Container Corporation of India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Container Corporation of India 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. Bolinger Bands chart for Container Corporation of India Limited
Parabolic SAR: The PSAR for CONCOR continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for Container Corporation of India Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line while remaining below 20, generally considered the start of a bullish move. This pattern suggests that the market may be in the initial phase of a recovery, potentially leading to an uptrend. Traders could view this as a signal for potential gains for CONCOR. Stochastic chart for Container Corporation of India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Container Corporation of India Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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