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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (December 04, 2023 – December 08, 2023)

REC
REC
REC closed the previous week on a negative note losing 13.29%.

Technically, REC share price will see immediate support at 343.00 and immediate resistance would be seen at 393.85.

If REC share price closes below immediate support of 343.00, then sharp breakdown can be seen. REC share price will see major support at 312.00 for the week.

On the positive side, immediate resistance will be seen at 393.85. Closing above 393.85, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 413.70 for the week.

Trading range for REC share price for this week should be between 292.15 on down side and 444.70 on up side.

REC Previous Week High: 382.7

REC Previous Week Low: 331.85

REC Previous Week Range: 50.85 Points

REC share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 444.70
Resistance 2 413.70
Resistance 1 393.85
Support 1 343.00
Support 2 312.00
Support 3 292.15
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{"buy_point":[{"en_ltd":"2023-10-30","en_sup_p_91":"276.75","en_sup_t_91":"262.77","prev_close":"273.05","en_close":"278.40","new_date":"Oct 30","prev_close_no":273}],"sell_point":[{"en_ltd":"2023-10-23","en_sup_p_91":"286.70","en_sup_t_91":"293.27","prev_close":"287.85","en_close":"278.30","new_date":"Oct 23","prev_close_no":287}]}

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