REC LTD stock discussion

Oct 3

#RECLTD
• Current Price: 556.80 (+0.41%)
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Support: ₹550 (Immediate), 500-520 (Trendline)
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Resistance: *620 (Order Block), 660 (Upper Channel)
Patterns:
Mini/CHOCH suggests short-term strength.
IND/B at *550 indicates possible pullback.
BOS confirms long-term uptrend if sustained.
Fundamentals:
EPS: +177% YoY (June 2024).
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Sales: +29%, OPM: +22%.
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Up from 52-week low by: +115%.

Sep 26

Rec Ltd view for Intraday 26th September #RECLTD
Buying may witness above 552
Support area 545. Below ignoring buying momentum for intraday
Selling may witness below 539
Resistance area 545
Above ignoring selling momentum for intraday

Sep 25

REC Ltd view for Intraday 25th September #RECLTD
Buying may witness above 552
Support area 545. Below ignoring buying momentum for intraday
Selling may witness below 539
Resistance area 545
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward
if you follow the level.
Thanks,

Sep 21

For REC Limited (RECLTD) on the 1-hour time frame, here are the key levels:

Support Levels:
First Support: ₹530
Second Support: ₹520
Resistance Levels:
First Resistance: ₹550
Second Resistance: ₹560