Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for RailTel Corporation of India Limited
By MusingTheNews
2025-05-30 20:53
Overall Technical outlook
Price Summary
RailTel Corporation of India Limited's stock started trading at 403.75 on 2025-05-30, climbed to 411.5, fell to 392.55, and closed -1.29% lower at 398.55, with 3477129 shares traded. In the last 52 weeks, the stock's top price was 596.9 and the bottom price was 275.6.
Technicals
Support and Resistance: The price is currently at 398.55, supported by 395.95 and resisted by 417.0. This indicates a range where 395.95 may provide a base for the price, while 417.0 serves as a cap on further upward movement for RAILTEL. Support/Resistance for RAILTEL
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for RAILTEL. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential. Aroon chart for RailTel Corporation of India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for RailTel Corporation of India Limited
Parabolic SAR: The PSAR continues to be bullish for RAILTEL, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for RailTel Corporation of India Limited
Stochastic: The stochastic indicator reflects bullish conditions for RAILTEL, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength. Stochastic chart for RailTel Corporation of India Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for RailTel Corporation of India Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.