Date : 3-Apr-2024
Rating : Buy - Positional Trade
LTP : Rs. 474.05
Targets: (1) Rs. 492 --> (2) Rs. 524 --> (3) Rs. 591
SL : Rs. 444
Technical View:
• NSE:RECLTD is in its primary uptrend since Jul-2023 and was recently going through it's secondary downtrend.
• After touching the high of 524 on 8-Feb-2024, it has retraced 21% to 414.55 level.
• ...
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...
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.
