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vipulmehta817

RECLTD at 200DMA Support

Long
REC LTD (NSE:RECLTD)  
vipulmehta817 Updated   
NSE:RECLTD   REC LTD
Trend Analysis Chart Patterns 200dma 200smabounce bounceup RECLTD
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trendanalysis chartpattern 200dma 200smabounce bounceup recltd
RECLTD is at the confluence of trendline support and also its 200DMA support. A combination of trendline and 200DMA acts as a decent support for the stock. Long can be initiated for 169 resistance as the target zone.
Comment:
SL hit as price has breached the 200DMA.
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