REC LTD

NSE

RECLTD

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...

Marked on the chart are identified Hanging Man candlestick pattern, we'll wait for confirmed weekly closing below same & step-in for opportunities. if you have any queries regarding above idea or any other stock feel free to D'M Announcement : Recently we launched, TruStox Community a community driven platform for Traders with almost all features that a trader...

It can give 20% within 40 days. Alternatively, you can also sell 100 PE.

short rec 159.55 tgt 158 sl 160.1 tsl once entered

follow

NSE:RECLTD bullish Flag Breakout & bearish butterfly bulls will win or Bears will get active?

Shorting Candidate

REC LTD BUY ABOVE 158

Can be shorted below 155.3 strict SL of 159.9

ABOVE 160 RECLTD WILL ZOOM TO 170 AND AND 180 IS RESISTANCE WE CAN SEE CONSOLIDATION TARGETS BIG WITH STOP LOSS 140 AND PRIMARY TREND IS ALSO BULLISH SO HOLD IN CASH AND BUY IN DIPS FOR LONG TERM ONLY A MARKET CRASH CAN DESTROY THE CHART OTHERWISE THE STOCK IS GOOD TO GO.... MYSELF INVESTED INC ASH SINCE MANY YEARS HAS DIVIDEND PAYOUT IS GOOD.. PLEASE CONSULT...

Above 160, REC can move upwards swiftly.

read the chart

Buy near green zone shown in the chart. It can touch 168

This trade is valid for 12th Junnn, 2019. For more details call on: 8401338403

REC LTD BUY ABOVE 153

Explained in chart.

Query - Invetment Purpose REC _ weekly time frame Analysis CMP 144.4 can buy near 125-115 - 50 % of investment Balance investment can add near 80 - 90 Levels Targets - 160- 180 -190- 220-250+ Time duration 1-2 Years All levels are cash levels

RECLTD BUY PRICE TARGET ARE GIVEN STOPLOSS IS VERY TOUGH DECISION HERE, TOO RISKY