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 +
Rec is in the process of forming a harmonic.. a little late to share but can buy in 236-238 range with 234 stop loss for minimum 254
Consolidation at Top. Breakdown is witnessed. Disjoint Channel spotted. Lower High Lower Low formation
Buying REC in DAILY positional trade Good structure making HH-HL.
1)Completed Elliott wave (Total 08 waves. 5 Impluse & 3 corrective ) since 2012 to Nov 2018 2)In Bigger time frame Impluse wave have completed (05waves). 3)Now present in corrective mode. "A" corrective wave has completed & B wave seems has been completed but it may touched to be 61.8 of wave A. now Wave C is peding towards downword. it may 61.8%,100%.1.618% of...
REC T1- 135 T2- 161 SL - 96 Time frame - Monthly Study - Symmetrical Triangle pattern (Continuation Pattern) This chart is only for educational purpose.
Target : 3000 Long on reliance industries for medium term gains. Stocks can be bought for this price. 2800 first target.
Rec ltd share complete upside 5 wave and use 2 or 4 trend . if Price break 2 or 4 Trendline this stock start correction .
REC is trading near its all time high. Please keep this stock in watchlist. This might be next multibagger
It's time to book your profits between 118 to 124 in REC. This stock is under a 52 week high and there is not any big news besides Jefferies buying. Investors can book your profits if you want to hold, you can hold your profit value. Book your margin value. Note : This is purely based on technical analysis and my knowledge. Just intent to share my knowledge.
REC Chart posted on 27.10.22 being dividend declared the stock will move up and lets see whether it can break 104. Happy Profitable Trading to all..
REC Ltd (RECM) TARGET 106 120 128 Hi REC Ltd (RECM) day chart. Fibonacci Retracement Levels crossed 50% so strong upside. increase in volume and price with momentum yesterday. open interest increased to 40.82% stock split today 18th Aug. so time to accumulate to long. good dividend stock.
*CAUTION! = Predicting stock market is the game of probability, no one can perfectly know its next move even warren buffet** just an idea NSE:RECLTD
let's wait for the confirmation candle then we will plan for 1:1 target for coming week.
this is the weekly chart of rec. Educational Purpose
Nifty Energy to outperform Nifty in coming days. Both Long term and short term trend became bullish. Very positive changes are happening in this sector and Charts are looking bullish .... : :) Few stocks to track in this segment are Power grid Tata power Ntpc Coal India PFC,REC,PTC...
BUY REC 155-155.50 TARGET 160 / 164 STOPLOSS 151.70 EDUCATIONAL PURPOSE ONLY
U shape recovery but without handle MACD Above line consolidation near resistance area volume increasing entry - After black horizontal breach SL - Some room area below horizontal target Till previous high and can be much higher