REC : GO LONG FOR A TARGET OF 675+1. flag & pole breakout
2. weekly basis
3. consolidation phase over
4. pole length 200+
5. target of 480+ 200 = 680
6. go long above 480 closing on weekly basis.
RECLTD trade ideas
REC LTD...Reason behind bullish viewRec Ltd..making of a bullish confirmation candle after dragonfly doji candlestick on weekly time frame in downtrend.
#Recltd cash : Looks good above 446.50 and risk free above 465#Rec ltd cash -Positonal call
29.Feb 2024
Looks good above 446.50
Stoploss 424 Tgt 484/520/570
Cmp 442.10
RECLTD *Up side channel break out down side
*Down side very strong support
*Price forms bearish engulfing pattern
* Most chances down side move except
*Only buy after perfect conformation
*Only educational purpose
RECLTD Analysis & PredictionThis is the analysis of RECLTD in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About RECLTD :
REC Ltd. engages in the provision of financial services. The company offers financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. Its services include loan for generation, transmission, and distribution projects. The company was founded on July 25, 1969 and is headquartered in Gurugram, India.
REC BREAKING A RANGEREC breaking a range box
with good volume
trading above all key ema
EDUCATIONAL IDEA
REC LTD can break againREC LTD can give a nice up move good for swing and positional trades only if sustains above 470
ENTRY above 470
Stotploss at 460
Targets at 480,500,520++
Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view
RECLTD About :-
REC Ltd. engages in the provision of financial services. The company offers financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. Its services include loan for generation, transmission, and distribution projects. The company was founded on July 25, 1969 and is headquartered in Gurugram, India.
Simple Price Action
Formed multiple InsideBar in weekely Time frame
Gave Powerfull Breakout Of Imultiple inside Bar.
Looks Good For short term investment
Trading at 470
Keep sl at 348
Target can be 540 / 663 / 870 / 1095 / 1320
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
Rec LtdIn September 2023, We recommended to buy the stock and reason was it was undervalued and had multiyear consolidation which is strong sign to long....
After that It has given huge 180% return in matter of few days .......
Now, we have updated and you can see the technical analysis ... It may retest for a while so better to be away until retest ....
REC--BULLISHAll the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
REC:ROUNDING BOTTOM&LIKELY DEMA CROSSOVER B/OUTREC:Has formed a nice rounding bottom and DEMA Crossover indicates a possible move towards 460(For educational purpose only)
Breakout after consolidation1. Triangle formation in sideways for more than a month.
2. Price and volume contraction during this span.
3. Breakout at around 450 on upper resistance line
4. Prior uptrend to continue
#RECLTD breakout soon🚀 🔥 #RECLTD breakout soon🚀 🔥
-CMP 451
-Ascending Triangle in DTF
-Volume buildup
-Trying to penetrate monthly resistance
-price rises from 20SMA
Strong breakout by REC Limited can move further 15-20% -Strong breakout by REC Limited can move further 15-20%
-morning star + engulfing candle
-resistance breakout with high volume
-looking good from here
RECLTD Bullish view ChartRec Ltd showing Bullish momentum. Closely watch price action for next bullish rally. Happy learning with swing trade academy.
Triangle Pattern in REC LTDI can see a triangle pattern in REC Ltd. Also drawn the levels if Breakout/ Breakdown happens.
#REC #Inverted H&SREC
A decade long consolidation likely to break.
On valuation front: the PSU is undervalued with PEG of 0.36 and 0.63 times book value.
Technically
On Monthly charts H&S pattern formation happening breakout will likely to take the stock to 195 as T1
Decade range breakout will have T2 which can take the stock to 225
CMF Shows accumulation forming in the stock and thus volume breakout likely
pulll back trading opportunity Consider this as my own diary and not as a buy/sell recommendation service. I don't advise
pull back trading opportunity
entry above the loping line
stop below the line
pull back entry
short term swing trading opportunity
REC Ltd. AnalysisREC Ltd. looks like a good buy for Short to Medium term.
Even after today's fall, REC is still on it's trendline support and has not broken it.
The support for after today's profit booking is at 400 (Black Line).
Potential Targets of upto 480 with a stoploss of 337.
Here are the details-
Support level- 400.
CMP- 404
Target- 480
Stoploss- 337
Let me know what you think about this.
REC LTDExpecting Impulse move
1. ABOVE 277 will be bullish
2. STOPLOSS - 257
Disclaimer :- Iam not SEBI registered adviser. Please research before Investing.
This is for Educational purpose.
RECLTD 130% MOVEI took a swing trade in REC Ltd, which increased by 130% in just 5 months. I bought it for 145 and sold it for around 295, resulting in a 100% profit. Currently, the stock has moved more than 330.I mention this because it highlights the importance of selecting the right stock at the right time, setting appropriate stop-loss levels, and being able to earn significant profits regardless of market conditions.
"Follow this profile for more swing trades like these to ensure you don't miss out on profitable opportunities."
Remember
"Success in swing trading relies on careful analysis and selecting the right stocks. Remember, it is not about being right, but about being profitable. Choose wisely and trade smart."
