Action only after parallel channel is broken by bulls This may takes 2-4 years
REC Ltd (RECM) TARGET 106 120 128 Hi REC Ltd (RECM) day chart. Fibonacci Retracement Levels crossed 50% so strong upside. increase in volume and price with momentum yesterday. open interest increased to 40.82% stock split today 18th Aug. so time to accumulate to long. good dividend stock.
REC LTD chart analysis for swing trade (15 min) Entry & exits are given on chart. only for learning, trade at your own risk.
REC-Medium Term , Bulls gaining momentum again, potential up move towards 144. Any pull back to accumulation zone can be bought in.
Buy from cmp to 120.85 easy tg - 123.5 tg2 - 125.5 Disclaimer : This is my personal analysis for study purpose not intended for trading
REC Ltd broken 100 EMA and trendline and all the levels on upside. We can see a great up move soon.
NSE:RECLTD One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio is 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
RECLTD looks strong on Daily and Weekly chart with Breakout strong closing above the TL. RR is 1:2 for swing traders.
NSE:RECLTD let see the price action =stock break the channel pattern + good volume 1 target = 140 fix you stop lose as per you R:R ratio. let tell you opinion in comment
RESISTANCE BREAKOUT : 1) The stock has broken a resistance with strong volume. 2) Looks good for the targets of 127, 133 & 140 3) Break out candle low can be kept As SL
Go Long above 118.8 for Targets of 127.95, 137.1, 146.25, and 155.4 with SL 109.65 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing...
rec buy 116 and 20 june 2022 stoploss complete all correction
let's wait for the confirmation candle then we will plan for 1:1 target for coming week.
Bullish: Straddle is at 125 Historic: ITM 125 Puts 1-Sessions ITM: Strong ITM Put writing 5-Sessions PE: 125 PE Volume: 123.15 PCR: 0.85 Max Pain: 120 -> 122.5 Bearish: Historic - 125,130 CE Resistance 1D - 120 CE
RecLtd looking bullish Above 120, Target 130 and with Stop loss 116, Only for Educational Purpose . Not a Recommendation
RECLTD has broken is long term support at 116 and given a weak closing with volume. For Monday, if this trade below 113 for 15-20 mins, then it can give intraday move. In case of gapdown, wait for retracement back to 113-114 level before taking again at dip below 113. In case of gapdown and no bounce back to above mentioned level, ignore it Thanks Piyush...
REC - trend reversal above 133 Reversal from long term support 2 Marubozu's stay tuned