RECStock is entering strong Resistance Zone. Time to be cautious. Aggressive traders can take short positions at every rise.by Singh_SiddzPublished 5
RECL - DAILY RESISTANCEHere, in the chart you can see how strongly it has approached previous resistance. Note : All my charts are for informational / educational purposes only . I post ideas to share interesting setups forming in the market that might lead to generating new trading ideas for fellow traders and myself. No buying or selling recommendations will be given or answered, please do your own due diligence. I'll be updating the chart with my commentary to keep a track of the charts and how they behaved after the initial posting. You are welcomed to comment if you have a viewpoint on any chart. Thanks. by dravyaUpdated 225
Short on RalliesRECLTD is close to complete 5 wave structure started in early 2016. Ideally stock should reverse in 160-165 zone. IF we look inside the 5th wave, the subwaves indicate that wave 5 is close to completion Shortby TangoTrader22Published 772
Rural Electrification: Is It a Flag Breakout?Am not a big fan of patterns or their breakouts. This one just caught my eye. Longby techtrailPublished 554
RECLTD, W, CUP AND HANDLE PATTERN, Guys rural electrification ltd making a cup and handle pattern in a weekly chart pattern, target 184-195.Longby sunil007Published 0
REC Rectangle Top Reversal Simple classical Channel short trade is possible. Stop Loss above the high made recently and target is open depending upon the patience of the trader however the target of Fib .618 to .786. level seems to reach quite easily. Shortby praveen.bhatiyaPublished 0
REC T1 135REC heading towards its short term target 135, closing above will go 145+Longby swaraj_18Published 0
Rural Electrification (REC): Dipping Down It is been observed on daily chart that the price action previously formed a long big red candlestick indicating seller dominance in the price action who are pushing the price down. Today, it is also observed that the price action opens up high but the seller dominance put the prices down again, indicating further bearishness and dipping of prices. Target: 120 Target: 115 Stoploss:135Shortby NeeteshJainUpdated 888
RECLTD RECLTD looking strong for short term buy here with sl 125 tgt 145+++Longby M_ChartistUpdated 1
Rural Electrification Corpn: Bullish ChartPrice has been making a smooth progression of higher tops and bottoms in the daily chart. As long as the support lines hold, I would expect a rally to the recent highs at 190+Longby techtrailPublished 3