RECLTD - Multiyear Break out Soon
Updated
A Govt of India enterprise provides finance to power sector. Eventhough high debt is one of the biggest threat for its forward movement ,increasing profit over last few quarters is a good sign. Its Moving through a strong resistance band now. Also a 1 year long cup and handle formation is also seen in charts. Company is nearer to its multi year high. Expecting a 50% moven within an year .
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From 118 to 290 . What a moment
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