REC Ltd - Resistance breakout - 33% upside potentialREC Ltd has given breakout above 125 levels which has been resistance since Jan'19. Target 1: 140+ (short term) Target2: 165+ (medium term) Target 3: 270+ (long term) SL: Daily candle close below 125 levels. Long02:31by skandha1986Updated 4413
#Long on REC Ltd (Inverted H & S pattern formed)REC ltd touched an ATH of 168.05 on 3rd May 2017. Since, it has been correcting and rising, thereby forming an inverted H & S pattern on daily chart. An entry after a close above 126.5 is recommended for assigned targets of 138 and then 165. A stop Loss of 116 on daily closing basis is recommended.Longby finvestarUpdated 8
REC - buy on dipsBuy < 162 upto 160.5 easy tg 165 tg2 - 168.75 tg3 - yours Disclaimer : This is my personal analysis for study purpose not intended for trading.Longby ShreeGanesh_19910
RECL UPDATERecl heading to 3rd target. As said Recl is nearing the fibonacci extention level of 1.618Longby Trendz91
Afetr touching all time high,it is retracing.how ever it has potential of breaking the channel to touch other two targets. this is for educational purpose , not any recommendation to buy and sell. let us see after retracing it rises or not to break the channel . or its rally is done.by bijoy25269
RECREC T1- 135 T2- 161 SL - 96 Time frame - Monthly Study - Symmetrical Triangle pattern (Continuation Pattern) This chart is only for educational purpose.Longby be_you_akshayUpdated 6623
SELL / Short REC Buy PUT of 157 Based on the recent market trends and technical indicators, it appears that REC shares have entered the overbought zone on both the daily and weekly charts. This suggests that the stock may be overvalued and could experience a potential downward correction in the near term. Considering this analysis, I recommend considering a sell order for REC shares at a price of 157, with a target set at 147. This target takes into account the potential downside movement anticipated within the next 3-4 days.Shortby sayeedcharts3
RECL ; Completed 2nd Target.In continuation to previous analyis, Recl had completed its 1.382 retracement and is consoladiting here. Booking another 25% profit is good idea. From chart it is seen that RECL had taken resistance at 147 ie 1.272 Fibonacci level. As soon as it was taken out RECL in 3 days reached 1.382 ie 157Rs. It can be seen from chart that RECL could consolidate b/w 147 and 157 before reaching 172 which is 1.672 Fibonacci extention level. Longby Trendz90
RECL DMI IN STRONG MOVEMENTUM Recl after spending 3 days at 1.272 Fibonacci level where 25 Pc profit was booked , moving to fibonacci level of 1.382. Quick move feom 1.272 to 1.382 sbows strong under current in stock, which is measured by DMI. DmI had just moved above 20 on monthly chart. DmI above 20 shows that stock had gain movemtum , it can concure 172 or 1.618 fibonacci levels sooner but not latterLongby Trendz9111
RECLTD : Possible Higher Highs on strong momentumRECLTD : Crossing long-term trend line and trading at 6 years-high levels. The week on Week - crossing 4 Weeks High and possibly moving to higher highs. From an indicators perspective, everything in green. Daily RSI > Weekly RSI > Monthly RSI 20 SMA Daily > Weekly > Monthly 50 SMA Daily > Weekly > Monthly Daily TF SMA 20 > SMA 50 On Daily time frame SMA 14 > SMA 34 > SMA 55 On Weekly time frame SMA 14 > SMA 34 > SMA 55 The current close is > Weekly Pivot and Monthly Pivot. From Harmonics perspective : Incase of any reversal - short side Entry at 141 should test 132 / 127 levels. Overall stock is Currently trading with strong momentum. by rvc82800
RECL GOING GOODAs per previous analysis RECL spend time near 1.272 Fibonacci Resistance and today broken up 147 resistance . next target 157 and 172.Longby Trendz9111
Positional Sell with the strict SLREC has followed a pattern for the following years. It is expected to behave the same way. Positional Sell with the strict SL 142.Shortby VivekUshaRastogiiUpdated 2
RECL Respecting H&S PatternIn last analysis RECL was suggested for long term as per monthly chart. Today RECL is approaching 144 level which is 1.272 extention of Fabonaccie levels. On daily chart MacD is above signal line and it's just began an uptrend . Life time high is 167. Considering MacD movement and price just touched 20 DEMA EMA and reversing from there., we can expect movement to continue up to 167 where double top formation will be made. Any move above will take Recl to new high which could be probably 15% above 167 ie 190 (appx . It is observer any break above life time high stock|index move up to 15 to 25 %, take pause, consoladate and move up provided business is intact).Longby Trendz9220
Swing tradeLooking good for a long trade, looks like it took support here and ready to move up furtherLongby AdilScopeTrainer3
REC ltd. looking good for rallycan enter above 133 for all time high This analysis is only for educational purposes.Longby imanmol13114
RECLTD - H&S - BULLISH - LONGFor Educational Purpose.. Long Above - 135-140 SL - 115 Target - 150, 160, ATH Thank YouLongby santoshbakaleUpdated 3
Rec looks doing multiyear breakout All psu stock of railways are fired up so now psu power stock will also ready to perform Buy rec cmp 138 sl 110 tgt 168 Doing breakout with volumes Longby shah43nirav112
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in RECLTD BUY TODAY SELL TOMORROW for 5% Longby Kapil-MittalUpdated 8822
RELTD break 5 years highNSE:RECLTD BSE:RECL1! Time Frame – Monthly Observations : - * Closed above Fibbo 61.8% level * Breakout seen after 5 years * RSI trendline break seen * Good monthly closing seen after Jan 2018 Resistance – 142 / 165 / 177.85 Support – 100-110 zone DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.Longby Chart_World8
Rec Strong MoveRec looking good for short term concentrate for shorterm and swing etcLongby Tamilniftyanalysis10
#RECLTD#RECLTD (W) - Strong Breakout Candidate - Cup & Handle Pattern - Trading in HH-HL Structure - Strong Bullish Momentum - Trading 52 weeks High - Buy above 133 - Stoploss 120 (wcb) - Targets 146/160/175+ - TF ≈ 5-6 months #InvestingLongby PahariTrader2
REC - Breakout tradeBroke out from strong resistance zone. Refer the chart PS: Do your own research Drop in your doubts in the comments section. Longby ARAVINDKUMAR242