REC LTD

Expecting Impulse move

1. ABOVE 277 will be bullish
2. STOPLOSS - 257


Disclaimer :- Iam not SEBI registered adviser. Please research before Investing.
This is for Educational purpose.

Comment:

As expected, we have seen an Impulse move.
Nice to see 10% returns in 3 days :)

Rejection formed. Book partial profit's. however stock price can surge further taking support from 295.
Safe traders, book entire profits. Investors can hold.

Trade closed: target reached:

Target reached. Price reached the resistance level.
Exiting the trade.

Trade active:

Breakout of the trendline. Will renter if it tests the resistance line and go up.