REC Rural electrification gives a buy signal
Updated
In one hour chart the shape formed is a parabolic view and buy above 89.30 will reach posible target of 92.80.
technically speaking rsi in 30 min chart is above 60 and in daily view the today candle closed above high of previous day candle.
buy REC for target of 92.80.SL is previous day low[/b}
disclaimer: this is only a view and be cautious and plz consult your financial advisor before you take a trade..or just do paper trading..plz maintain stoploss while doing intraday trading.
technically speaking rsi in 30 min chart is above 60 and in daily view the today candle closed above high of previous day candle.
buy REC for target of 92.80.SL is previous day low[/b}
disclaimer: this is only a view and be cautious and plz consult your financial advisor before you take a trade..or just do paper trading..plz maintain stoploss while doing intraday trading.
Note
Today rec was just a miss but closed in a positive note.. Still the call is active.. Accumulate as it falls Happy weekend..
Trade closed: target reached
Note
STILL REC GOT UPSIDE ...ACCUMULATE NEAR 93-94 LEVELSNote
WAIT FOR THE UPSIDE LEVELS IF IT FALLS IN OUR 93-94 RANGE
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.