REC LTD - BULLISH ENGULFING Long

REC LTDNSE

Description

⋅ Aug 23, 2022 5:16 PM

📊 Script: RECLTD (REC LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY FINANCIAL SERVICES / NIFTY MIDCAP 50
📊 Sector: Financial Services
📊 Industry: Finance Institution

Key highlights: 💡⚡

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

⏱️ C.M.P 📑💰- 105.45
🟢 Target 🎯🏆 - 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!🥂

Trade active

⋅ Aug 25, 2022 5:07 AM

Trade closed: stop reached

⋅ Oct 29, 2022 10:26 AM

STOPLOSS HIT ON 26TH SEP