Container Corporation of India (CCI) has slipped more than 20% from its recent peak, but it’s now hovering around a strong six-year support level.
Where the stock stands
The shares peaked at Rs 652 on June 5, 2025, then fell to Rs 520 by Dec 26. The price is now near a key long-term support zone that has held for several years.
Why a short-term bounce could happen
Analysts say the drop may have been over‑done, and risk‑tolerant traders could look for a bounce back to around Rs 575 in the coming weeks.
- Support level has historically prevented larger declines.
- Volume has been steady, indicating buying interest may return.
- Market sentiment is improving for logistics companies.
What traders can consider
If you have a high risk appetite, you might consider buying now, aiming for a short‑term gain if the stock climbs back toward Rs 575.
Disclaimer
Remember, this is just an opinion, not a prediction. Do your own research and consider your risk tolerance before making any trade.