Get started
REC LIMITEDREC LIMITEDREC LIMITED

REC LIMITED

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

RECLTD trade ideas

Rural Electrification Corporation Ltd: ₹189.00 at support levelOn request Hello padiyaraa, Can you please evaluate Rural Electrification Corporation Ltd. (RECLTD') on basis on Fundamentals analysis. I had done the same last year and own some shares of same. Since i am sitting on a good profit, my concern is that my evaluation may be wrong this time. I would like to discuss our evaluation just like Jindal Poly. Thanks, SK Hello friend, Rural Electrification Corporation Ltd: ₹189.00 Unlike the name advocate, RECL is in financing projects. Finances all type of Power Generation Projects based on Renewable Energy Sources eg: Solar PV, Solar Thermal, Wind, Biomass , Cogeneration, Small Hydro etc. RECL was acting as lead financier in 100 MW Malana-II Hydro Electric Project in H.P., the 1200 MW Teesta Phase-III Hydro Electric Project in Sikkim, the 270 MW phase-I and 270 MW Phase-II coal based thermal power project of Wardha Power Company Pvt. Ltd. in Maharashtra, the 1200 MW Anpara-C Thermal Power Project in Uttar Pradesh and the 1320' MW coal based thermal power project of Thermal Power Tech Corporation (I) Ltd. in Andhra Pradesh. Potential for generating renewable energy is huge, there is growing realization in the government to harness all available Renewable energy sources, which is now transforming into reality with the increased, Government focus on renewables .Recent initiatives like Mandatory Renewable Purchase Obligations, Revised tariff guidelines, Generation based incentives, Introduction of Renewable Energy Certificates, Solar Mission etc by GOV' in promoting development of renewable energy will improve more opportunity to make power generation and more projects in future. So that is the preface. RECL seems to be an undervalued stock if the numbers showing in the book is right (there are 4 different values from 4 finance site is a major Glitch). And it will also face all hurdle the GOV' & finance sector will have in common. Currently it looks like it is trading at 6 PE, compare to its peers like Bajaj Fin Ser etc is near 30 PE. The company annual report submitted to exchange is matching that. The standalone numbers are good and almost same as consolidated results. Latest results are poor. Still I believe that the stock is worth' around 500 with its ROE above 20 and EPS' 31.(The matrix is not to multiple with the highest Industrial PE available.)
NSE:RECLTD
by padiyara
18
RECLTD Possible U-Turn.RECLTD: @ 189.9, #1 Trading in ICHIMOKU Cloud. #2 Volume much LOW Compare to 20 day AVG. #3 Taking Support Long Trend Line. #4 Retraced more than 23.6% #5 Maximum Technical Parameters are OverSOLD. LONG For Intra / Swing TGT: @ 192.58 193.3, @ 194.2, @ 195.3, @ 198.4 Many more Plotted in Chart for Short term. More Accumulating Level: @ 187.3, @ 185.7 - @ 184.5 (BOUNCE ZONE) SL: 181.4- (Better By Closing) Study Purpose Only. Consult Broker / Financial Advisor Before taking Trade Decision. PS: Please Like/share & keep motivated, If you like Ideas/Analysis, . For any queries, please feel free to COMMENT. Thank you.
NSE:RECLTDLong
by DSKF16
5
RECLTD : Corrective Move ExpectedThe stock of REC Ltd has seen a big move since its low of 76.22 to the high of 216.25. A parallel channel has been drawn connecting its higher highs and higher lows. One should note that the stock has recently breached its upper resistance line, but unable to sustain above the same. The stock may or may not try to touch this upper resistance line but there is lesser probability that it may cross above its recent high price of 216.25. Moreover, the MACD oscillator is suggesting that the stock is ready to witness its southward movement any time soon. The stock, over the next few months, may see corrective movements.
NSE:RECLTDShort
by sgor1980
Rural Electrification: Price At Crucial JunctureThe stock has been stuck in a broad range of 71-204 in the past few years. The recent rally has pushed the stock to the upper end of the trading range at 204-ish. Notice the selling tail in the current month candle. The spike in volume and the selling tail suggests that this *might" turnout to be an Upthrust or fakeout. Before jumping to conclusions, it would make sense to await confirmation. Until there is a strong breakout above the recent high of 217, I would be cautious in this stock. On the contrary, a breakout past 217 would have extreme bullish connotation. The will mean that 4-year long accumulation is over and the stock could then get into a major mark-up or uptrending phase. Let's watch this stock for further clues. It could offer a nice trade in one direction or the other.
NSE:RECLTD
by techtrail
RECL - DAILY RESISTANCEHere, in the chart you can see how strongly it has approached previous resistance. Note : All my charts are for informational / educational purposes only . I post ideas to share interesting setups forming in the market that might lead to generating new trading ideas for fellow traders and myself. No buying or selling recommendations will be given or answered, please do your own due diligence. I'll be updating the chart with my commentary to keep a track of the charts and how they behaved after the initial posting. You are welcomed to comment if you have a viewpoint on any chart. Thanks.
NSE:RECLTD
by dravya
2