The stock is trading in a channel. Support at 100 odd levels. Target zone around 130 odd levels.
Can be looked as a buying opportunity at CMP and on dips towards 104.50 for Target of 122/130/144
Stop loss if trades below 98 on closing basis
Take care and safe trading...!!!
Trade active
REC CMP 104.75 Trade active
Trade active
REC CMP 137.55 Seen the cadbury shot ad (mann mein laddu phoota)
Feeling same today... :-)
REC is up more than 30% since recommendation at 104.75 levels (mann mein laddu phoota...) and now it announces a dividend payout of Rs 11/- per share. (Ek aur laddu phoota...)
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