ArjitGarg

REC Ltd. Analysis

Long
NSE:RECLTD   REC LTD
REC Ltd. looks like a good buy for Short to Medium term.
Even after today's fall, REC is still on it's trendline support and has not broken it.
The support for after today's profit booking is at 400 (Black Line).
Potential Targets of upto 480 with a stoploss of 337.

Here are the details-
Support level- 400.
CMP- 404
Target- 480
Stoploss- 337

Let me know what you think about this.

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