REC Outlook for the Week (August 07, 2023 - August 11, 2023)

REC closed the previous week on a negative note losing 6.40%.

Technically, REC share price will see immediate support at 192.38 and immediate resistance would be seen at 205.48.

If REC share price closes below immediate support of 192.38, then sharp breakdown can be seen. REC share price will see major support at 185.37 for the week.

On the positive side, immediate resistance will be seen at 205.48. Closing above 205.48, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 211.57 for the week.

Trading range for REC share price for this week should be between 179.28 on down side and 218.58 on up side.

REC Previous Week High: 204.55

REC Previous Week Low: 191.45

REC Previous Week Range: 13.1 Points

REC share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type	Value
Resistance 3	218.58
Resistance 2	211.57
Resistance 1	205.48
Support 1	192.38
Support 2	185.37
Support 3	179.28

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{"buy_point":[{"en_ltd":"2023-07-24","en_sup_p_91":"164.81","en_sup_t_91":"164.31","prev_close":"161.85","en_close":"172.95","new_date":"Jul 24","prev_close_no":161},{"en_ltd":"2023-06-28","en_sup_p_91":"162.11","en_sup_t_91":"159.49","prev_close":"161.00","en_close":"166.75","new_date":"Jun 28","prev_close_no":161}],"sell_point":[{"en_ltd":"2023-07-14","en_sup_p_91":"165.21","en_sup_t_91":"165.29","prev_close":"165.30","en_close":"160.30","new_date":"Jul 14","prev_close_no":165}]}

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REC Outlook for the Week (August 07, 2023 – August 11, 2023)

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