Rec has given fresh breakout in weekly chart as we can see it was consolidating between 60 to 130 zone from 2018 to 2023 It has formed inverted Head&Shoulder in weekly chart RSI above 60 in all time frames
>> High Dividend stock. Dividend yield = 12.4% >> Momentum pick, but concerning that its a High dividend yield stock, indicating for tougher times to come.
REC Limited has given a strong breakout in weekly time frame.
Traders, keep an eye on this good looking stock that has recently displayed a series of consolidation patterns, is trading above all key moving averages, and has broken out to new all-time highs. The series of consolidation patterns can be an indication that the stock is gearing up for a significant move, and trading above all key moving averages can suggest a...
REC Ltd. C&H Pattern on Weekly Basis. Price BreakOut & Sustained. Good to Go!!!. Vol. Consolidation & Continued BuiltUp. With Price Up, Trail SL. Book Profit as per your Risk Appetite RSI: 15M>1H>D>W>M. Do Your Own Research as well. Happy Investing 😇
REC is testing patience but now it seems consolidation at lower timeframe is complete. Daily closing above 125 will trigger a quick move towards 138-140 zones .Good Risk to Reward setup for May month.
REC Limited is a Maharatna PSU under the Ministry of Power. Company business activities involve financing projects in the complete power sector value chain, be it generation, transmission or distribution. CMP- 117.10. Negatives aspect of the company is FIIs and MFs decreasing stake. Positives aspect of the company are zero promoter pledge, improving annual net...
Multi year BO. Go long. RR 2:1. SL 105 cvbbjuttg huibv hhjhhft huiij
In weekly chart forming CUP AND HANDLE along with bullish flag. If weekly close above 128 with good volume, then tgt can be expected around 170± (short term)
REC Ltd. engages in the provision of financial services. The company offers financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. Its services include loan for generation, transmission, and distribution projects. The company was...
Expecting downside move in REC LTD. if price failed to sustain above 124 then possible the scrip can go for a target of 108 on down side. This is for observation and not a trade recommendation.
If stock not move in your direction hold it for long term. It gives >10% dividend yield. Plan for long term perspective
REC - Typical Wyckoff accumulation A weekly close above red trend line can take the stock to 138 / 144 / 153 Levels.
REC CMP 113.50 Buy for target 130 Budget Special stock Investment pick
RECLTD & SELL put=110 SL=115 TP=90 long time ENTRY
Entry / Compounding / Averaging in REC can be done after closing above 110.5 closing. The target for REC will be 116.9 and 124. The Dividend yield of the stock is staggering 12% at CMP. Stop loss in the stock can be maintained at a closing below 97. Valuation of the stock is affordable as the stock is trading at a PE of 2.8. The negative aspect of the company...
📊 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...