REC ltd is at bottom and i am expecting reversal from this level. As per past data stock always take reversal from this level so we are expecting a good move from here. REC LTD : 423 STOP 410 TARGET 460 +
NTPC - Divestments on cards some movement might come soon. Power Segment already seeing some momentum
LOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion regarding this analysis
Power sector requires coal, untill the renewables take the charge
On trendline breakout, go long Currently at strong support levels RSI at 50 levels Targets - 443, 456, 465, 478
15 year Long term line (support) tested at Rs 75 Now witha huge move, looks like will stop at Rs 130. BUy....its Electric