Short Term Trading Advice by Goodluck Capital Buy Rural Electrification Buy Range- 500 - 515 Target- 560 - 570 StopLoss- below 470 Potential Return- 10-12% Approx trade duration 10 - 12 days
There are 2 points to be noticed in the daily chart of REC Ltd 1. There was a breakout from the downtrend on 26th April 2. The resistance was broken on 2nd May but then we saw a selling pressure in the stock but the candle made today is a decent bullish candle and this could be a breakout as well. Can buy for targets of 570 & 590. Educational purpose only
REC LTD | Rural Electrification Corporation Limited idea REC Remain Bullish until remain in the Top Blue Band above 520/- Next upcoming levels 634/670/810 Top we can expect 1317/1342 275/326 strong Support Levels
Buy RECLTD above 524 Target of 538-611-685-881 SL 420 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only.
A sector which has had a good rally in the past few months and looks good to go amidst the volatile markets during the election year. A high dividend-yielding stock ready to break out of the flag pattern, REC looks good for short to medium-term. Entry - 457 SL - 415 Target - 600+
*INVESTMENT Recommendation for REC Limited (RECLTD)** **Current Price:** ₹457 **Stop Loss:** ₹388 **Long-term Target:** ₹850 **Technical Analysis:** The price action of REC Limited (RECLTD) on the charts suggests a bullish outlook, following a breakout from a flag and pole formation, which is typically a continuation pattern. The breakout above the flag...
this stock recent complete descending triangle corrrection daily time period and move upside breakout level b-d trendline cross .
📊 Script: REC 📊 Sector: Finance 📊 Industry: Finance - Term-Lending Institutions Key highlights: 💡⚡ 📈 Script is giving breakout of Triple Top pattern of daily chart with volume. 📈 Today was the result date and numbers are pretty good. 📈 Trading at upper band of Bollinger band and giving breakout of it. 📈 MACD and Double Moving Averages are giving Crossover. 📈...
RECLTD formed a falling wedge pattern on daily chart. Looking at the angle at which the pattern has formed one can expect a slow climb towards the target. Moreover price has tested multiple support and resistance point that would act as a good support for price when it goes down. Both bullish swing and bearish swing were equal in power so skipping this one. Still...
REC is breaking out of falling wedges. A successful breakout may result in a 20% upmove in the coming days.
RECLTD can give a good swing or positional trade with a decent stoploss and good Targets one can go long with levels like, ENTRY - 448 STOPLOSS - 444 TARGETS- 460, 470, 485++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please...
Now Bulls moment Target 510 🎯 Educational purpose only
just a personal opinion about the future, as said I am not any professional trader or analyst.
RECLTD CMP 461 Key Observations : >> Hammer Candle at Support >> 50 DEMA Support Confirmation >> Volume Spurt CMP 461 Support 440 Resistance 530-580-630 Note : Personal View Only. Not a Recommendation. DYOR & Invest.
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...
Take entry at 210 Target 315 Next average at 155 Double average at 86 It's looks like this counter don't want to stop now. Sector already in bullish mode......after 315 target hit don't sell it. We will take a review at 315 for next target. Be invested for 1 year term.
Notice: 📣📣📣📣📣 Today’s golden stock plan has been sent by the teacher team! Golden Stock: RECLTD Buying price : 490-510 Stop loss point : 450, Target : 640 Holding period : within 1 week
Very strong buy back candle on #RECLTD I think it still has some juice left. A weekly candle close below that dotted line will be my SL.