srikartiram

RECLTD | Trendline breakout and consolidation - Expansion mode

Long
NSE:RECLTD   REC LTD
RECLTD | Lets see if it is doubling this year, i see it is in expansion mode.

CMP : 132
SL : 110
Target : 167, 180, 220

Same time smaller time frame has - RSI positive divergence and previous week Hammer candle gives hope for short term 15% move
Trade closed: target reached: First target is reached :)

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.