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Technicals for Indian Railway Catering & Tourism Corporation Limited
By MusingTheNews
2026-01-30 20:40
Overall Technical outlook
Price Summary
On 2026-01-30, Indian Railway Catering & Tourism Corporation Limited's stock began at 614.0, peaked at 624.4, declined to 608.8, and ended the day 1.47% up at 623.05, with 1818078 shares traded. The highest price the stock achieved in the past 52 weeks is 822.3, while the lowest price it saw is 607.5. IRCTC's future price is expected to lie between 569.0 and 1200.0, with an average expectation of 800.25, as per the recommendations of 8 analysts.
Technicals
Support and Resistance: The current price for IRCTC is 623.05, supported at 613.7 with resistance at 632.1. This indicates a trading range where 613.7 might prevent further declines, while 632.1 could hinder additional gains. Support/Resistance for IRCTC
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Indian Railway Catering & Tourism Corporation Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for IRCTC, with no strong trend emerging. Bolinger Bands chart for Indian Railway Catering & Tourism Corporation 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 Indian Railway Catering & Tourism Corporation Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Indian Railway Catering & Tourism Corporation 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. Stochastic chart for Indian Railway Catering & Tourism Corporation Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend. Tripple SMA chart for Indian Railway Catering & Tourism Corporation 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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