radha_23

REC LTD - BULLISH ENGULFING

Long
radha_23 Updated   
NSE:RECLTD   REC LTD
πŸ“Š Script: RECLTD (REC LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY FINANCIAL SERVICES / NIFTY MIDCAP 50
πŸ“Š Sector: Financial Services
πŸ“Š Industry: Finance Institution

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading towards upper band of Bollinger band (BB).
πŸ“ˆ Already crossover in MACD .
πŸ“ˆ Already Crossover in Double Moving Average.
πŸ“ˆ Double candlestick pattern BULLISH ENGULFING seen which indicate Bullishness in stock.
πŸ“ˆ Right now RSI is around 70.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 105.45
🟒 Target πŸŽ―πŸ† - 114/117
⚠️ Stoploss ☠️🚫 - 100

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
Trade active
Trade closed: stop reached:
STOPLOSS HIT ON 26TH SEP

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