RECLTD trade ideas

GreenBull_ Updated 

Why this trade..?? 1. Double Bottom 2. Bullish Divergence Reasons mentioned in the chart. Disclaimer : This view is for educational purposes only and it's my personal.Please Consult your financial advisor before attempting any trade.We're not responsible for your profits or losses.

vpatil10

Good to add above 136 It has multiple divergences as shown in chart which makes the structure very strong.

HARISHRAO99

This stock complete flat correction Abc wave A start 9 june 2021 end 24 june 2021 .wave A inner part ABC wave b start 10 june 2021 and end 14 oct 2021 . wave B inner part ABC wave c start 15 oct and end 20 dec 2021 . wave C inner part 1,2,3,4,5

Trader_NishantK

REC Lower High. Chart with downwards trend This congestion might end in this week. Trigger/Stop 131. Support 116 , Resistance 145.

Amit_Ghosh Updated 

Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...

marketwala

RECLTD looks weak below 139.25 till 110 strong above 142 (CMP: 134.45) CAN TAKE POSITION ONLY BETWEEN 140-139

Quriousbox

NSE:RECLTD Buy near 125 or above 132 SL closing below 121 T 138, 146, 156

viralmodi

it has formed cypher harmonic pattern, though not a perfect setup. also it has form ABCD harmonic pattern. it may retrace to 0.38%-0.50%. view negated below 128 clbs

Vigneshs94 Updated 

REC LTD looks good for swing trading above 140 ondaily daily closing basis Testing 2 years trendline Thanks and regards Vignesh

vipulmehta817 Updated 

RECLTD is at the confluence of trendline support and also its 200DMA support. A combination of trendline and 200DMA acts as a decent support for the stock. Long can be initiated for 169 resistance as the target zone.

AmaanAnalysisMarket786

Rec Sell Trend Line Break Out And More Analysis Follow me And Like Now

mercilessdent

RECLTD has formed a bullish divergence in its 1 hr time frame along with the double bottom support. With a low sl of 146 one can go long in this stock.

rakeshsn

REC 156 SL 145 TGT 178 RR 2:1 Trigger -- Stochastic (20,3,3) crossed above 20 Major trend confirmation 25 SMA > 100 SMA 50 SMA > 200 SMA

sahadchalappurath Updated 

Long

Yes2Profits Updated 

The stock has been ascending for the past few days, and has been close to resistance quite a few times. Considering the setup, it is a likely candidate for Breakout of resistance, for a likely target of 180. I recommend a stop loss of 155, but you can take a call basis your risk profile. The trade offers a risk reward ratio of >1:4. Please follow us for more...

ashwinjethwani1409 Updated 

REC Long (18 Oct) Ascending triangle pattern found Buy at CMP - 165 SL- 155 Target- 180, 189, 201 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.

engineersinghymca

Good base and consolidation . Finally came out of weekly downtrend

SanthoshVenugopalBala

Once can enter after the breakout. Feel free to correct me. This is for educational purposes only.