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Technicals for Ircon International Limited
By MusingTheNews
2025-07-16 20:38
Overall Technical outlook
Price Summary
Ircon International Limited's stock began trading at 192.5 on 2025-07-16, soared to 193.81, dipped to 190.11, and finished the day -0.67% down at 191.21, with 3151555 shares exchanged. Over the past 52 weeks, the stock reached a maximum price of 318.95 and a minimum price of 138.17. Future price predictions suggest a range between 143.0 and 180.0, with an average expected price of 158.33333, as per 3 analysts.
Technicals
Support and Resistance: With the current price at 191.21, support is found at 187.88 and resistance at 197.35. These levels indicate where buyers might step in at 187.88, while sellers could limit gains at 197.35, defining a trading boundary for Ircon International Limited. Support/Resistance for IRCON
Aroon: The AROON 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. Aroon chart for Ircon International Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for IRCON, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Ircon International 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 Ircon International Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator while staying under 20, indicating a potential bullish move. This pattern is often viewed as an early sign that the market might begin to climb from a low level. Traders may consider this a favorable opportunity for a buying strategy. Stochastic chart for Ircon International Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for IRCON. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Ircon International Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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