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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (October 16, 2023 – October 20, 2023)

REC
REC
REC closed the previous week on a negative note losing 6.21%.

Technically, REC share price will see immediate support at 282.18 and immediate resistance would be seen at 300.63.

If REC share price closes below immediate support of 282.18, then sharp breakdown can be seen. REC share price will see major support at 271.12 for the week.

On the positive side, immediate resistance will be seen at 300.63. Closing above 300.63, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 308.02 for the week.

Trading range for REC share price for this week should be between 263.73 on down side and 319.08 on up side.

REC Previous Week High: 296.95

REC Previous Week Low: 278.5

REC Previous Week Range: 18.45 Points

REC share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 319.08
Resistance 2 308.02
Resistance 1 300.63
Support 1 282.18
Support 2 271.12
Support 3 263.73
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{"buy_point":[{"en_ltd":"2023-09-21","en_sup_p_91":"258.32","en_sup_t_91":"245.56","prev_close":"254.30","en_close":"259.10","new_date":"Sep 21","prev_close_no":254},{"en_ltd":"2023-09-07","en_sup_p_91":"243.76","en_sup_t_91":"232.78","prev_close":"234.65","en_close":"245.55","new_date":"Sep 7","prev_close_no":234}],"sell_point":[{"en_ltd":"2023-09-12","en_sup_p_91":"265.82","en_sup_t_91":"272.07","prev_close":"270.45","en_close":"248.35","new_date":"Sep 12","prev_close_no":270}]}

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