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REC Limited
Long
Editors' picks
Updated

REC : Bullish due to break out from inverted Head & Shoulder

5 368
  • INVERTED HEAD & SHOULDER -

    stock is now bullish after breaking out an inverted head & shoulder pattern with strong confirmation of a green candlestick

  • BULLISH MACD - snapshot
    MACD indicator of this stock is very bullish now with macd line having crossed over signal line properly over a period of time

  • WHITE CLOUD COVER -

    apartfrom it a white cloud cover candlestick formed in the right shoulder indicating bullish movement

  • PROFIT TARGET -

    463 level

  • STOP LOSS -
    412 level

Trade closed: stop reached
price has reached stop loss, reason being the sudden tariff war declared by donald trump across 180 nations which sent shockwave across the major economies of the world
peace_lover
My Social Media links :

📥 Instagram - instagram.com/sagar_trademaster/
📥 Youtube - youtube.com/@TruthfulTrader
Also on:
Head and ShouldersTechnical IndicatorsSupport and Resistance

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Head and ShouldersTechnical IndicatorsSupport and Resistance
peace_lover
My Social Media links :

📥 Instagram - instagram.com/sagar_trademaster/
📥 Youtube - youtube.com/@TruthfulTrader
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.