miteshaniljain

REC Rural electrification gives a buy signal

Long
miteshaniljain Updated   
NSE:RECLTD   REC LTD
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.
Comment:
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
Comment:
STILL REC GOT UPSIDE ...ACCUMULATE NEAR 93-94 LEVELS
Comment:
WAIT FOR THE UPSIDE LEVELS IF IT FALLS IN OUR 93-94 RANGE

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