REC ltd is at bottom and i am expecting reversal from this level. As per past data stock always take reversal from this level so we are expecting a good move from here. REC LTD : 423 STOP 410 TARGET 460 +
broke fib 61 level , first target 414 then second target - 385
rejection from resistance line price forming bearish inside bar formation belwo 18 day EMA 18 EMA crossing 50 day EMA downwards MACD below signal line target and SL marked
Date : 3-Apr-2024 Rating : Buy - Positional Trade LTP : Rs. 474.05 Targets: (1) Rs. 492 --> (2) Rs. 524 --> (3) Rs. 591 SL : Rs. 444 Technical View: • NSE:RECLTD is in its primary uptrend since Jul-2023 and was recently going through it's secondary downtrend. • After touching the high of 524 on 8-Feb-2024, it has retraced 21% to 414.55 level. • ...
Date : 15-Feb-2024 Rating : Buy (Mid Term as well as Long Term Opportunity) LTP : Rs. 483.35 Targets: (1) Rs. 524 --> (2) Rs. 572 +++ SL : Rs. 440 Outlook: Recently, Indian government has announced “PM Surya Ghar: Muft Bijli Yojana” with Rs 75,000 cr investment with an aim to boost solar power intends to provide up to 300 units of free electricity every...
Wrong entries 1. Point 1 is not the right entry, because no candle crossed the breakout candle at point 1. 2. From 2 to X , we can think of entering in the trade in buy direction. We should never do that, because market is still in downtrend. It never broke the previous high, it is just moving in upward direction to reach supply zone, so that it can fall...
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.
Rec Ltd..making of a bullish confirmation candle after dragonfly doji candlestick on weekly time frame in downtrend.
#Rec ltd cash -Positonal call 29.Feb 2024 Looks good above 446.50 Stoploss 424 Tgt 484/520/570 Cmp 442.10
*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
This 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...
Ascending triangle breakout for resistance side with the bullish pattern
REC breaking a range box with good volume trading above all key ema EDUCATIONAL IDEA
REC has shown pennant breakout. We can expect the price to move to 575-600+. Other factors: 1. Volume has started picking up again 2. RSI is bullish 3. MASD is showing bullish signs 4. Highest TTM revenue and profits "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
REC 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
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...