REC-Stock break Head and Shoulders Pattern
-Next level to watch 180/200 levels
-Support is near 140 level on chart
RECLTD trade ideas
RECLTD Brocken trend line and ready to breakout the resistanceNSE:RECLTD
Stock trading with high volumes and now is in retracement and should touch 160 level and then bounce back to the next target 169.50 T1
Entry good only @ the entry point.
All the levels marked on chart
REC is in bullish mode. REC is in bullish mode.
It was suggested to buy near 152 ,Now it is on major resistance 168. when it is closed above 169 can test193 soon.
If come 157-150 can add more.
RECLTD | Trendline breakout and consolidation - Expansion modeRECLTD | Lets see if it is doubling this year, i see it is in expansion mode.
CMP : 132
SL : 110
Target : 167, 180, 220
Same time smaller time frame has - RSI positive divergence and previous week Hammer candle gives hope for short term 15% move
Cup & Handle BreakoutCup & Handle Break out
Targets : 154 - 170
Note: This is for Educational Purpose only
RECLTD looks good !!!RECLTD : cmp : 139
A rounding bottom kind of pattern has been formed in D chart.
And a pole & flag kind of pattern has been formed in weekly chart.
On d verge of BO near 142 lvl.
Stock frm current lvl might move towards 180.
TGT 147.45/158/167.55
SL 132 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
REC Triple TopREC at big resistance, may short below 151.5 for a target of 140. may buy above 156.7 for a target of 169.5
REC Limited - Multiyear breakout REC Limit weekly chart looks promising above 155.
Target: 200/220
SL: 120
Note: For educational purpose only
REC Ltd Share Analysis and Levels | Consider for InvestmentThis is REC Share Analysis and Level for investment purposes.
Don't invest more than 5-8% of your entire capital in one stock.
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Disclaimer: I am not a SEBI registered advisor. Please consult your financial advisor before investing. Thanks for coming here :)
Long RECREC CMP - 139
Stop - 126 on DCB
Expectation -
1 - 155
2 - Review at 155
Expected Holding Period - 20 trading days or earlier
cup and handleREC found cup n handle pattern...will pot the target based o n further development on handle structure....
REC Ltd - 30.05.2021REC Ltd has been trading in a narrow range for quite some days.
Last 2 days has shown increase in volume levels.
Breaking of the range on the upside can give quick 5 to 10% return.
Stop loss should be place at the mid-point of the range.
Multi week Bullish reversal Head and Shoulder Pattern on REC Multi week Neckline of classic Head and Shoulder pattern is in the area of 145-148, chances of strong break out with good volumes in coming days as the momentum indicators like Monthly, Weekly, Daily RSI moving above 60 showing strength.
REC IdeaREC in a bound zone. can break out or can continue the trend.
1. Buy if breaks above the trend line and sustains.
2. Short if breaks the curve line.
REC LTD Long if the High of the Month of the March is broken. REC LTD Long if the High of the Month of the March is broken. Buy above 160 for the Target price of Rs 205.
RECLTD Cup and handle pattern RECLTD Cup and handle pattern in 1 Hour time frame.
Buy above 145 Rs 1 hr candle close
Stop Lose Below 138 Rs 1 hr candle close
Target 154 ,169 Rs
Rec ltd serves on U-shape cup without handle 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
RECLTD - INTRADAY/POSITIONAL ... wait for BREAKOUTRECLTD - INTRADAY/POSITIONAL ... wait for BREAKOUT
