RECLTDBuy RECLTD Above Rs . 106 for The Targets of Rs . 110.40 - 112.40 - 116 .
Stoploss- 102.80
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Vishwajeet Sharma
RECLTD trade ideas
[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 - LOOK FOR A BULLISH REVERSAL !!#RECLTD
CONDITION1:
BUY BETWEEN 99.50-98.50 WITH SL 97.5
TGT 100EMA/ 200EMA
CONDITION2:
BUY ABOVE 200EMA
SL 102
TGT 106.50/ 108.40
SELL BELOW LOWER CHANNEL
SL 99.75
TGT 93.15/ 91.60/ 90.10
REC: Head and shoulder 1. head and shoulder spotted
2. wait for confirmation - BUY
3. wait for rejection - SELL
Next Move There is high likely it will make one more move up , One can wait for daily reversal in order to Take position in Cash and book near Forecast
RECLTD looking weak!RECLTD is looking weak. If it breaks the support level, then it can give a good move. Also, it is standing at a round number of 100.
REC Ltd. Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
INSTRUMENT GAVE 2ND CHANGE TO ENTER I THINK.After Breakout happened retracement also done so bull rally may start now.
RECLTD Buy near CMP (Positional)RECLTD buy around CMP (presently 107.2-107.3)
SL: 0.5 Points
Tgt: 2.75++ Points
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering.
REC LTD (S below 107.75 TGT 104.85 TSL 111.75)REC LTD (S below 107.75 TGT 104.85 TSL 111.75)
#RECLTD broke the trendline on the downside and the prices trended sideways for the entire day.
RSI is at 40-level and is BEARISH.
TT2 tool is bearish as well.
I am expecting the prices to take support from the trendline and move downwards.
Wait for the prices to break today's low of 108. Once broken, look for a sell below 107.75. The next major resistances on the chart are 104.85 & 102.15.
Support is 111.60.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
RECLTDRECLTD Consolidated at good level if it break at 117 level then you can buy with stop loss of 113 for target of 124.
RECLTD LONG STARTAGYRECLTD CROSS ACCUMULATION PHASE, TWO CANDLES CROSS ACCUMULATION BOX BUT NEED TO WAIT FOR TWO MORE CANDLES FOR FINAL CONFIRMATION
RECLTD SHORT !REC looks overbought zone, seems it might take some little bit correction in coming days. one can look forward target 105/- with stop loss 120/-
RECLTD @ 106.05 | 12-Jun-2020 | Daily | LONG if sustains 106#RECLTD @ 106.05
- A bullish pattern
- A big green candle made on 13-Mar and since then the closings were moving around within this range
- Breakout attempts were made on 14-May & 08th-Jun (Red arrows).. but on 12-Jun saw the actual breakout
- Next: On watchlist for this week closing, if it is above 106 then LONG
RECLTD MONDAY JUNE 8, 2020 INTRADAY SETUPDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
This Chart idea is on Basis of Volume Breakout that doesn't mean the stock price can go up but yes has high probability to do so..
REC LTD TRIANGLE PATTERN - LONGREC Ltd has formed ascending triangle Pattern in Day Chart time frame.
If the script go pass 105. We can go for Long.
Target 1 - 113.50
Target 2 - 124
Target 3 - 134
SL - 98
Disclaimer; Kindly do your own analysis before executing the trade
