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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (September 25, 2023 – September 29, 2023)

REC
REC
REC closed the previous week on a negative note losing 11.91%.

Technically, REC share price will see immediate support at 249.67 and immediate resistance would be seen at 282.07.

If REC share price closes below immediate support of 249.67, then sharp breakdown can be seen. REC share price will see major support at 228.43 for the week.

On the positive side, immediate resistance will be seen at 282.07. Closing above 282.07, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 293.23 for the week.

Trading range for REC share price for this week should be between 217.27 on down side and 314.47 on up side.

REC Previous Week High: 272

REC Previous Week Low: 239.6

REC Previous Week Range: 32.4 Points

REC share price support and resistance for the week (September 25, 2023 – September 29, 2023)

Level Type Value
Resistance 3 314.47
Resistance 2 293.23
Resistance 1 282.07
Support 1 249.67
Support 2 228.43
Support 3 217.27

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