REC LTd. Fut. Daily Chart AnalysisREC Fut. CMP@550
Probable Short Candidate
Trading Below Monthly CPR
Trading Below 20 Days Low
RSI bearish
RS Bearish
Headed Towards 490
Chart Pattern Will Negate If Closes Above 570
RECLTDZ2024 trade ideas
ADAM & ADAM Double Bottom : under formation
#REC (F) CMP 460.4
Pattern : Adam & Adam Double Bottom (early identification)
TF : Daily
Volume Break-out
Price BO Level : 478 DCB
SL : 422 DCB
TGT : 492 / 523 (May Series)
Ascending Triangle for RECLTDWe've a long term resistance near ~168 and price is slowly hugging the ascending triangle. We're waiting for a breakout on either side.
