RECLTD trade ideas
RECLTD - Undervalued It has been observed that the price action is consolidating within a downward channel. Now, the price action has reached to the support zone and also touching the support of the downward diagonal. On such zone, buying can be seen which shall further move prices up.
As per my analysis, RECLTD is undervalued at current levels. It is providing good investment opportunity.
Trade Targets:
T1- 134
T2- 140
SL- 122
Investment Targets
T1- 150
T2- 175
SL- 115
Dont Try to Go long on this script , Dont Try to Buy this , Script , its in major Correction , I had post this after going through a Moron, Posted it as buy , this script is continuously on down ward trend , and recently it has entered in tight range , which means if you try to buy on very narrow range its likely you will lose getting hit with your stop ,
Energy sector currently are in huge down side and are not at all ready to move up , if possible sell Future on reversal in 1 hour and move your stop once price moved away and put it to Brake even , so that you will not lose in case if revisits the selling area
or wait for Brake of this range structure and sell in Future
Regards
Start accumulating REC LimitedStart accumulating REC limited for long-term perspective.
The journey would be painful so only suggested for patient investors.
Immediate support seen at 116.
High undervalued and high dividend pay every year.
REC - Inverted H&S formationNSE:RECLTD has formed Inverted H&S one can go long above 165.80
T1 - 173.20
T2 - 182.90
SL - 157.70
REC - Break Out.Trend Line Break Out.
Above Support Level.
Above EMA.
50% Fibbo Retraced.
RSI showing buy mode.
Risk Reward Favourable.
Positional View for a Week.
Other Details Mentioned in Chart.
I am not SEBI Registered Financial Advisor.
REC , Daily ,LongAfter a rising window , price consolidated for a couple of weeks , and then a nice breakout , which coincided with the down sloping trendline and the 50 EMA. Longs may be initiated for a swing target of 180 with a stoploss around 153.Also the price has crossed its 200 EMA , though closed below it.
RECLTD: Buy at CMP 156.90. Targets 165,171,180. SL:152.6It appears, Bounce of fall from 220 to 143 may have just begun.
Fib Levels:
0.38 of the fall comes to 173
0.5 of the fall comes to 182
0.61 of the fall comes to 191.
My targets are 165,171 and 182
SL: 152.6. this would be the bottom end of yesterdays Gap opening
Bullish Harami in RECBullish Harami-like candle seen today. Might be a possible reversal of trend. Long term investors can start accumulating. Traders can buy above today's high of 147.95
Small Diversion in Smaller TF - Would this work...?My Disclaimer -
I am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them.
If I share my study with you, it is purely for Study purpose, and any Profit/ Losses arising out of anyone taking any position shall be at their sole risk and responsibility and I or anyone associated with me shall not be responsible for any instances whatsoever.
Trading or investments are financial decision and should be taken in light of all risk involved and on advise of a qualified, certified and registered professional advisers.
Please do not TRADE until you have made your study or taken a piece of advise.
Thanks.
Is REC Ltd. Opportunity for Bottom Fishing...?My Disclaimer -
I am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them.
If I share my study with you, it is purely for Study purpose, and any Profit/ Losses arising out of anyone taking any position shall be at their sole risk and responsibility and I or anyone associated with me shall not be responsible for any instances whatsoever.
Trading or investments are financial decision and should be taken in light of all risk involved and on advise of a qualified, certified and registered professional advisers.
Please do not TRADE until you have made your study or taken a piece of advise.
Thanks.
REC - Back to its demand zoneNSE:RECLTD is back to its yearly demand zone.
Go long above 154.40
T1 - 166.50
T2 - 184.10
TRIANGLE ON THE WAY KEEP WATCHING....RECLTD A GOOD DIVIDEND PAYABLE COMPANY WITH LONG TERM VISION . A BIG TRIANGLE IN THE MAKING WITH LONG TERM TARGETS POSSIBLE A GOOD INVESTMENT COMPANY BUT DUE TO THE SLUMP IN POWER SECTOR SEEING BAD RESULTS BUT NEXT BULL RUN WILL BE IN THE POWER SECTOR SO CAN ACCUMULATE IN DIPS FOR LONG TERM GOVT COMPANY
BUY IN DIPS RANGE : 150-160
SL : 140
TARGETS LONG : 190/220/250/300
BUY IN SMALL SIP FOR LONG YOU WILL GET GOOD RETURN PLUS RITE ON THE COMPANY PE IS ALSO 5
PERSONALLY INVESTED WITH 3 YEAR+ HORIZON IN SUCH OVERBOUGHT MARKET LOOKS A GOOD DEAL...
NEED A GOOD BREAKOUT ABOVE 191 THEN WE CAN EASILY SE 250+ AND MOST MUTUAL FUNDS HAVE INVESTED TO.....
RECLTD @ 179Stock can be buy from CMP 179 and add upto 175, Great combination of MA is seen on daily charts. Holding long with long term view will give good return. SL will be 169
Recl : Consolidation breakoutScrip had been trading in a channel or consolidation phase since 87 days (3 months approx.) with two reaction lows and highs and managed to breakout from trendline, now to breakout from consolidation channel with higher volume surge aiming towards TP as mentioned..
Profit book can be done around Fib 0.618 (200)
MACD also showing the way
Have already stayed invested with the scrip
SL as per risk appetite
REC breakout!it has taken support and shown a decent up move, to its Fib retracement level of 177 as 1st Target.
RECLTD at resistance level RECLTD just above RESISTANCE LEVEL( Red line ).
One can take entry when the candle closes above the high of the previous day candle ie. at 176
TARGET 1- 186 (R:R - 1:1)
TARGET 2- 196 (R:R - 1:2)
STOPLOSS - 166 ( BLUE LINE )
RECLTD: Prime Beneficiary of PM Modi's 'Saubhagya' Scheme............All Spot & Future Levels are mentioned on Chart.
RECLTD providing the last mile connectivity. A nodal agency for the government electrification programme. Provides funding for such projects, can now hope for higher disbursements for both the generation and T&D space. While investors have an apprehension about quality of assets of REC considering the net NPA of close to 1.6 percent, what is interesting is that it makes close to 5 percent NIM and has received good visibility.
Best LONG @ 148 - @ 150 Zone.
More Accumulation: @ 139 - @ 142
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
REC - Symmetric Triangle - LongRec is at the support line of the Symmetric triangle.
Can go long above 165.40
Target 1 - 179.30
Target 2 - 196.36
Stop Loss - 148
