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REC LTD
Short

REC LTD ON 15 MINS CHART

By Trademint08
Rec is trading below 200 ma and it’s has given good reversal from Fibonacci 61.8% level. We also drew the resistance line and we observed increase in bearish pressure(selling) at resistance level. For next week or coming days we can see double bottom pattern but for this week look for short opportunity. Trade safe
Beyond Technical AnalysisChart PatternsNIFTYnifty50nsenseindiaRECLTDshortshortsetupTrend Analysis
Trademint08

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