RECLTD trade ideas
LOOKING STRONG A GOOD COMPANY WITH CHEAP VALUEALREADY FALLEN TOO MUCH FEB SEASON IS THE DIVIDEND MONTH OF RES WE CAN EXCEPT AROUND 9+ RUPEES AND PLUS PFC BUYING REC CAN GIVE MORE BOOST TO THE PRICE HOLD WITH BELOW TARGETS PLUS PATTERN ALSO LOOKING BEAUTIFUL WITH BREAKOUT ALREADY FALLEN FROM 200 LEVEL CAN BUY FOR SHORT TERM AND INVESTMENT FOR LONG TERM TOO
BUY 116/120
SL - 115
TARGET - 130/140/150/170
LONG INVESTMENT TARGETS - 200/250 WITH SL 80 LEVELS
PERSONALLY HOLDING HAS GOOD DIVIDEND COMPANY IN CURRENT MARKET RISK FACTORS TO BE ON SAFE SIDE
REC Ltd (RECM) : NSE : Long & Short REC Ltd RECM Long & Short
Buy Above : 133
Target : 142 , 155
Sell Below : 128
Target : 122 , 110
RECL short term view- BullishIndicators looks like bullish at present. Risky traders can buy with stoploss otherwise wait and buy above the mentioned line
(Note: Closing basis given on daily basis only/Low margin and low risk traders better to avoid it.. )
Vijayaraghavan.K,
Chennai.
REC SHORT rec in channel trade maybybe possible reversal will come
short around 139-140 range
this is my view please consider before trade ..
Long Continuation This scrip seems to be generating a very slow impulse to up side , due to its long standing down ward move during the previous trend its not visible clearly but i am sure any reversal on daily one can look for Going long either EOD or brake of the High
We are in it form Quite low , So we are just enjoying the stay
Look for Good set up to go long , selling future is a bad idea ,
[Intraday] Tweezers top + weekend lvl 6 RECLTDRECLTD has formed a tweezers top after rising for a few days, makes a good candidate for tweezers top
Go short, only if previous days low is broken with stop loss at previous days 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.
PDH 129.3
PDL 125.25
{Positional}Long RECLTD with a cup n handle patterntrade will be active once it cross a 124 and trade idea mentioned in charts
[Intraday] Short RECLTDLate entry trade already,
Short only if PDL is broken at PDL with SL at PDH
PDL - 118.65
PDL 0 121.35
Updated chart of REC LTD - DAILY BASISREC LTD
has broken resistance trend line and will move skywards ....
