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Investors have paid higher prices over time to buy Rail Tel Corporation of India Ltd. and the stock is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The stock has broken a resistance level in the short term and given > a positive signal for the short-term trading range.
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There is no resistance in the price
chart and further rise is indicated. In case
of a negative reaction, the stock has
support at approximately 143 rupee. The
volume balance is positive and strengthens
the stock in the short term. The stock is
overall assessed as technically positive for
the medium long term.
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