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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (October 23, 2023 – October 27, 2023)

REC
REC
REC closed the previous week on a negative note losing 4.96%.

Technically, REC share price will see immediate support at 281.73 and immediate resistance would be seen at 296.58.

If REC share price closes below immediate support of 281.73, then sharp breakdown can be seen. REC share price will see major support at 275.62 for the week.

On the positive side, immediate resistance will be seen at 296.58. Closing above 296.58, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 305.32 for the week.

Trading range for REC share price for this week should be between 266.88 on down side and 311.43 on up side.

REC Previous Week High: 299.2

REC Previous Week Low: 284.35

REC Previous Week Range: 14.85 Points

REC share price support and resistance for the week (October 23, 2023 – October 27, 2023)

Level Type Value
Resistance 3 311.43
Resistance 2 305.32
Resistance 1 296.58
Support 1 281.73
Support 2 275.62
Support 3 266.88
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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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