gregferns
Long

REC LTD

NSE:RECLTD   REC LTD
Expecting a triangle breakout...

If upside then potential targets marked...

Comment: Did give breakout and crossed fibo 50 level also... Now nearing T1.

Comments

hi what are your level by end of monthly chart
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gregferns NileshPatil
@NileshPatil,

Hi, i redid the chart as per below.... It is currently at a strong support level which has previously been resistance also... So month end will mostly be in this range marked in the shaded area...
BUT SEEING ECONOMIC CONDITIONS GOING DOWN, next month we do not know if it will break downwards or no...

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