REC: A medium term outlook - 40%-90% upsideNSE:RECLTD
After consolidating at the crucial Fib zone (61.8%) - 340-350, the stock seems coming out from the slumber.
On daily chart, we notice above average volume on the first day of the year 2026.
Accumulation zone is (355-365)
SL - 3% below (354) or the Open price of this week.
TGTs are 466/501 | 654/678
Use SMC and Camarilla Pivots to refine the entries and exit for regular trading.
Recltdbuy
REC: A Multibagger setup (45% | 90% | 180%)NSE:RECLTD
Analysis insight:
0. Its a Weekly Chart.
1. (155) is the zero level, where the Fibonacci levels are drawn to ATH (654).
2. (350-360) is the base zone (61.8%) where the probability is skewed in favor of the Bulls.
3. The stock has spent 3 weeks within this support zone and showing strength by breaching slopping trendline.
The Key Levels:
(A) - STOP LOSS
1. Conservative Stop Loss - (355) from current levels (368)
2. Positional Stop Loss - (336) from the CMP (368)
(B) - TARGETS
1. TGT-1 (466-501) - This is where the Bears will try to find the internal liquidity to bring it down.
2. TGT-2 (654-678) - This is the All time high (ATH) zone where the external liquidity exists.
3. TGT-3 (957-993) - If Bulls conquer ATH zone after some consolidation, the stock may try to approach Fib extension zone.
Overall, this stock offers a lots of short term to medium term trade opportunities.
REC LTD - BULLISH CONTINUATION | 5-7% UPSIDE POTENTIALREC LTD is trading in an uptrend with consistent Higher Highs and Higher Lows.
From past few days, price was falling and retraced till 128-127, which in past was a resistance area.
As of now the price is retesting the resistance area as new support, and I expect a bounce from here as trend is UPTREND.
On Daily Timeframe, we can spot a Morning Star Candlestick Pattern which is a Bullish Reversal Pattern. This pattern gives us a confirmation that broken resistance is now being held as support and now price may bounce and go high. (but no confirmation is guarantee)
Also, on 1Hour Timeframe, we can spot a Double Bottom pattern which was broken out and retested as well, which is another confirmation to initiate a buy.
TRADE EXECUTION:-
Entry- around 130.8
Stop Loss- Below 127.5
Target- 137
Let me know in comments section if you want me to analyse any other Stock, Index, Forex Pair, Commodity or Cryptocurrency.
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING.
Flag Pattern Channel BreakoutStock Analysis: Recltd has formed flag pattern it is good buy around current level however it is expected to see bigger movement when it is cross the supply zone with given demand level as stop loss for the given target and percentage on the chart. Let's see
Happy Investing!



