RAILTEL - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical List📊 Technical Analysis for RailTel Corporation of India Ltd (RAILTEL) Technical Rating: 3.2
📉 Trend Overview
Current Price: ₹384
50 DMA: ₹400 → Price below short-term average
200 DMA: ₹381 → Slightly above long-term average
Trend Status: Reversing downward with weak momentum and failed support retests
🔍 Momentum Indicators
RSI (34.3): Bearish zone; approaching oversold territory
MACD (-6.37): Negative crossover → strong bearish momentum
Bollinger Bands: Price near lower band → oversold conditions, possible technical bounce
Volume: 20.56L vs 1-week avg of 12.62L → above-average activity, but likely driven by selling pressure
📌 Support & Resistance Zones
Level Price (₹)
Support 1 375–378
Support 2 360–365
Resistance 1 392–395
Resistance 2 400–405 (50 DMA)
Trendline Support: Sloping down from ₹400 through ₹365
Breakout Zone: ₹405+
Consolidation Zone: ₹375–395
🎯 Entry & Exit Strategy
Optimal Entry: ₹365–375 (near support, oversold RSI)
Exit Zone: ₹395–405 (approaching resistance)
Stop Loss: ₹360 (below key support)
⚡ Short-Term Signals
Momentum: Weak; MACD and RSI both bearish
Volume Spike: Likely driven by distribution, not accumulation
Price Action: Lower highs and lower lows
Volatility: Expanding Bollinger Bands → potential sharp move
🧭 Conclusion
RAILTEL is currently reversing from its previous uptrend and showing signs of technical weakness. Indicators suggest caution, with bearish momentum and price trading below key moving averages. A short-term bounce from oversold levels is possible, but confirmation via volume and MACD reversal is essential before considering a bullish stance.
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