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vipulmehta817
Nov 2, 2021 10:44 AM

RECLTD at 200DMA Support Long

NSE:RECLTD1D
REC LTDNSE

Description

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RECLTD is at the confluence of trendline support and also its 200DMA support. A combination of trendline and 200DMA acts as a decent support for the stock. Long can be initiated for 169 resistance as the target zone.

Comment

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SL hit as price has breached the 200DMA.
Trend AnalysisChart Patterns200dma200smabouncebounceupRECLTD
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