Date : 15-Feb-2024 Rating : Buy (Mid Term as well as Long Term Opportunity) LTP : Rs. 483.35 Targets: (1) Rs. 524 --> (2) Rs. 572 +++ SL : Rs. 440 Outlook: Recently, Indian government has announced “PM Surya Ghar: Muft Bijli Yojana” with Rs 75,000 cr investment with an aim to boost solar power intends to provide up to 300 units of free electricity every...
This is the analysis of RECLTD in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
REC breaking a range box with good volume trading above all key ema EDUCATIONAL IDEA
An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:RECLTD Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing...
In September 2023, We recommended to buy the stock and reason was it was undervalued and had multiyear consolidation which is strong sign to long.... After that It has given huge 180% return in matter of few days ....... Now, we have updated and you can see the technical analysis ... It may retest for a while so better to be away until retest ....
I can see a triangle pattern in REC Ltd. Also drawn the levels if Breakout/ Breakdown happens.
Rec ltd can move up by 5% innext week But there is a dividend date at 12 nov be aware
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...
Long REC LTD above 250 for the long-term target. The stock has been in an uptrend for a long time & a small correction or pullback period has been over. Stock is trading near 50 EMA. levels of 300+ can be seen in the coming days. This is for your educational purpose only.
There were years of consolidated stock finally gave a huge breakout.... But yes, we should need to wait for retest somewhere around 200 Rs.... Would you mind to invest? Comment yes or no below.....
Short below 269 SL: 285 Target: 243 The reason behind the trade Shooting star formation Negative divergence on daily Trend based fibonacci resistance level
If Stock opens Gap up or Gap down from the buy price please Avoid trade DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
4 years retesting ready for fly buy above 126 tgt-140\200\400
Action only after parallel channel is broken by bulls This may takes 2-4 years
REC ltd touched an ATH of 168.05 on 3rd May 2017. Since, it has been correcting and rising, thereby forming an inverted H & S pattern on daily chart. An entry after a close above 126.5 is recommended for assigned targets of 138 and then 165. A stop Loss of 116 on daily closing basis is recommended.
can enter above 133 for all time high This analysis is only for educational purposes.
For Educational Purpose.. Long Above - 135-140 SL - 115 Target - 150, 160, ATH Thank You
Chart -> REC LTD Weekly A picture-perfect VCP breakout has been formed in the weekly time frame, with around 5 times getting rejection from the resistance. CMP: 132 Good Range: 120 to 130 Target: 165 SL: 113 Weekly close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your...