- Share.Market
- 3 min read
- Published at : 20 Jun 2025 01:08 PM
- Modified at : 16 Jul 2025 08:55 PM
RailTel Corporation of India Ltd. (CMP: ₹418, Stop Loss: ₹345) surged nearly 3% to ₹418 in Friday’s session, as the stock appears to be shaping into a descending triangle pattern on the technical charts. A decisive breakout—confirmed with strong volume—could dictate the next directional move for the PSU stock. Despite the recent uptick, RailTel continues to trade below its 21-day moving average, indicating that further confirmation will be needed for any sustained rally.
RailTel, a ‘Mini Ratna (Category-I)’ public sector enterprise under the Ministry of Railways, is among the country’s largest neutral telecom infrastructure providers. The company operates a pan-India optic fiber network leveraging exclusive rights of way (ROW) along railway tracks. Its infrastructure spans urban and rural regions, covering 70% of India’s population. The firm plays a vital role in broadband connectivity, modernization of train operations, and digital transformation across the railway ecosystem.
Schneider Electric Infrastructure Eyes Breakout Potential
Schneider Electric Infrastructure Ltd. (CMP: ₹762, Stop Loss: ₹700) is showing signs of technical resilience. The stock is currently finding support at its 21-day moving average, while its Relative Strength Index (RSI) is forming a higher low—an indication of improving momentum. A price breakout with volume support could trigger a positive move.
The company, a key player in India’s electrical infrastructure sector, specializes in designing and manufacturing advanced products and systems for electricity distribution. Its portfolio includes distribution transformers, switchgears, protection relays, and automation equipment—serving industrial, commercial, and utility-scale clients across India.
As both stocks approach key technical levels, traders and investors alike are closely monitoring chart patterns and volume cues to gauge short-term opportunities.
Note: Charts and prices are as of 1 PM.
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