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Technicals for Indian Railway Catering & Tourism Corporation Limited
By MusingTheNews
2025-09-04 20:32
Overall Technical outlook
Price Summary
On 2025-09-04, Indian Railway Catering & Tourism Corporation Limited's stock began at 715.0, peaked at 716.65, bottomed at 709.7, and closed -0.55% lower at 711.1, with a volume of 509532 shares. The stock's highest value over the last 52 weeks is 945.25, and the lowest value is 670.95. According to 8 analysts, the price of IRCTC in the future is projected to be between 560.0 and 1200.0, with an average expected price of 831.0.
Technicals
Support and Resistance: At 711.1, the price for IRCTC is supported at 700.65 and resisted at 722.55. This indicates a trading range where 700.65 serves as a support level, potentially preventing further decline, while 722.55 could limit upward movement. Support/Resistance for IRCTC
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 Indian Railway Catering & Tourism Corporation 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. Bolinger Bands chart for Indian Railway Catering & Tourism Corporation Limited
Parabolic SAR: The PSAR maintains a bearish outlook for IRCTC, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Indian Railway Catering & Tourism Corporation Limited
Stochastic: The current reading of the STOCHASTIC is neutral for IRCTC, 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. Stochastic chart for Indian Railway Catering & Tourism Corporation Limited
Tripple Moving Agerage: A bullish trend for Indian Railway Catering & Tourism Corporation Limited is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages raise concerns about a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not last, signaling the possibility of a shift in direction. Tripple SMA chart for Indian Railway Catering & Tourism Corporation Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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