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techtrail
Feb 20, 2017 5:32 AM

Rural Electrification: Is It a Flag Breakout? Long

REC LTDNSE

Description

Am not a big fan of patterns or their breakouts. This one just caught my eye.
Comments
iamvaibhavkr
neneram
My view : Just be careful ,seems forming sideways movement between 139 - 149 zone , u r buying at top end .
techtrail
@neneram, thanks for the heads-up. This stock is in my portfolio for a long time. My trades are governed by rules and my max loss is controlled by position size. No worries there..
ksgullia
March Fut. trading at discount of 6 points @ 140 v/s spot price of 147 ,,any reason sir ??/
techtrail
@ksgullia, could be because of some dividend payment / announcement. Check NSE or BSE site for details.
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