IRCTC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | IRCTC | Market Cap | 41,821 Cr. | Current Price | 523 ₹ | High / Low | 800 ₹ |
| Stock P/E | 30.3 | Book Value | 53.8 ₹ | Dividend Yield | 1.62 % | ROCE | 46.1 % |
| ROE | 34.6 % | Face Value | 2.00 ₹ | DMA 50 | 550 ₹ | DMA 200 | 628 ₹ |
| Chg in FII Hold | -2.33 % | Chg in DII Hold | 0.84 % | PAT Qtr | 327 Cr. | PAT Prev Qtr | 387 Cr. |
| RSI | 39.1 | MACD | -5.21 | Volume | 21,21,702 | Avg Vol 1Wk | 12,60,203 |
| Low price | 493 ₹ | High price | 800 ₹ | PEG Ratio | 2.55 | Debt to equity | 0.02 |
| 52w Index | 9.99 % | Qtr Profit Var | -0.44 % | EPS | 17.4 ₹ | Industry PE | 40.3 |
📉 IRCTC is trading below both its 50 DMA (₹550) and 200 DMA (₹628), reflecting short-term and medium-term weakness. RSI at 39.1 indicates oversold conditions, while MACD is negative (-5.21), confirming bearish crossover. Bollinger Bands show price near the lower band, suggesting downside pressure. Current volume (21.2 lakh) is above average (12.6 lakh), showing heightened participation but with selling bias.
🔑 Short-term momentum signals: Bearish, with limited upside unless price reclaims ₹550–₹560 zone.
🎯 Entry Zone: ₹500–₹520 (support region)
🚪 Exit Zone: ₹560–₹580 (resistance region)
📊 Trend Status: Consolidating with bearish tilt
Positive
- Strong ROE (34.6%) and ROCE (46.1%) highlight efficiency
- EPS at ₹17.4 supports valuation strength
- DII holdings increased (+0.84%), showing domestic institutional support
- Debt-to-equity ratio at 0.02 ensures financial stability
- Dividend yield of 1.62% provides income cushion
Limitation
- Trading below both 50 DMA and 200 DMA
- RSI below 40 indicates weak momentum
- Negative MACD confirms bearish crossover
- Quarterly PAT declined (₹387 Cr. → ₹327 Cr.)
- FII holdings decreased (-2.33%), showing reduced foreign confidence
- PEG ratio at 2.55 indicates stretched valuation relative to growth
Company Negative News
- Decline in quarterly PAT (-0.44%)
- FII outflows (-2.33%)
- Price struggling to sustain above long-term averages
Company Positive News
- DII inflows (+0.84%) support investor confidence
- Strong efficiency metrics (ROE and ROCE)
- Dividend yield of 1.62% adds income cushion
Industry
- Industry PE at 40.3 highlights sector trading at premium valuations
- Travel and tourism sector supported by rising demand and government initiatives
Conclusion
⚖️ IRCTC shows weak technical momentum with RSI below 40 and negative MACD. Entry is favorable near ₹500–₹520 with profit booking around ₹560–₹580. Trend remains consolidative with bearish tilt unless price sustains above 50 DMA (₹550) and 200 DMA (₹628). Fundamentals remain strong with high ROE/ROCE and dividend yield, but technical weakness and declining PAT limit near-term upside.
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