RECLTD trade ideas
[ INTRADAY ] RECLTD SHORT BETr : R ratio is 1 : 2 , TSL After That
Only Enter if it closes below PDL
Rest As Per Charts
RECLTD looks weak below 105.65If RECLTD continues to trade below 105.65, fall of 2-3% can be seen. It has approached its resistance zone which was support earlier
Inverted head and shoulderInverted head and shoulder is way more powerful than standard h&S.
RSI also indicates uptrend.
*All views for Educational purpose, Trade at your own risk*
[Buddha] RECLTD Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
RECLTD is Making Bullish Rectangle Channel Pattern (Breakout)Rural Electrification Corporation Limited : ( NSE:RECLTD ) is Making Bullish Rectangle Channel Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for iNTRADAY Traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.70% of your TARGET , you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already FiXED in the chart pattern.
You always have to trade only by M oney Management, P osition Sizing, S topLoss Trailing. This is the way to stay in PROFiT .
If you want to get something good like this EVERYDAY then follow me here on TradingView now.
Chart Published By Ravinder Sharma
Thank U.
REC Ltd Daily Analysis CMP 102.5 PRZ @ 78-83 Buy @PRZ Targets 11REC Ltd Daily Analysis CMP 102.5 PRZ @ 78-83
Buy @PRZ Targets 110-116-119-124+
[Buddha] RECLTD Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
RECLTD DAILY CHART VIEW#RECLTD DAILY CHART VIEW
REC Ltd.LTD consolidating in an ascending triangle.
likely breakout is expected on upside.
Sustaining above 117 it can move towards 133-142.
RSI is directionless and neutral.
In case of unlikely break below 104, it has the potential to fall towards 80.
REC Inside candle Break outInside Candle Breakout on Monthly Chart
Buy @ close of Aug month
Stop loss @ low of Aug month
RECLTD - Intraday Trading SetupSmart money accumulated before starting uptrend.
They will try to defend the position by buying when price comes into buy zone.
Note - High volatility before 9:30am and after 2:45pm. Manage risk accordingly.
Regards MuneshV
REC weekly chart bullish gartley REC weekly chart bullish gartley
buy range 90-110 in small quantity .....
target 150
view 1.5 yrs
stop loss 80
Good pattern - Price at resistance !!Price forming very good pattern and look for the break will give you good profits. . .
