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.
Your risk is your risk, none of my risk.
REC LTD forming inverted H&S pattern, breaking 141 upsides will yield targets of 143, 145, 150,155.
If it closes below today's close, short positional for 135, 125, 115.
