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Technicals for Container Corporation of India Limited
By MusingTheNews
2025-09-04 20:26
Overall Technical outlook
Price Summary
Container Corporation of India Limited's stock opened at 546.0 on 2025-09-03, surged to a high of 549.75, hit a low of 544.2, and closed up 0.51% at 548.8, with 320837 shares traded. Throughout the 52-week period, the stock hit a high of 961.35 and a low of 527.35. Analysts' predictions indicate that CONCOR's future price will be between 459.0 and 730.0, with a mean price expectation of approximately 582.5294.
Technicals
Support and Resistance: The price currently sits at 548.8, finding support at 531.8 and resistance at 573.6. These levels define a range for Container Corporation of India Limited where the price may move, with 531.8 offering a base and 573.6 limiting upward momentum. Support/Resistance for CONCOR
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Container Corporation of India Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for CONCOR, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Container Corporation of India Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Container Corporation of India Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Container 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 CONCOR, raising the possibility of a change in direction. Tripple SMA chart for Container Corporation of India Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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