Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 5.64%.
Technically, REC share price will see immediate support at 277.37 and immediate resistance would be seen at 293.97.
If REC share price closes below immediate support of 277.37, then sharp breakdown can be seen. REC share price will see major support at 269.23 for the week.
On the positive side, immediate resistance will be seen at 293.97. Closing above 293.97, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 302.43 for the week.
Trading range for REC share price for this week should be between 260.77 on down side and 310.57 on up side.
REC Previous Week High: 294.3
REC Previous Week Low: 277.7
REC Previous Week Range: 16.6 Points
REC share price support and resistance for the week (October 09, 2023 – October 13, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 310.57 |
| Resistance 2 | 302.43 |
| Resistance 1 | 293.97 |
| Support 1 | 277.37 |
| Support 2 | 269.23 |
| Support 3 | 260.77 |
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