Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 8.08%.
Technically, REC share price will see immediate support at 384.67 and immediate resistance would be seen at 417.72.
If REC share price closes below immediate support of 384.67, then sharp breakdown can be seen. REC share price will see major support at 363.88 for the week.
On the positive side, immediate resistance will be seen at 417.72. Closing above 417.72, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 429.98 for the week.
Trading range for REC share price for this week should be between 351.62 on down side and 450.77 on up side.
REC Previous Week High: 409.2
REC Previous Week Low: 376.15
REC Previous Week Range: 33.05 Points
REC share price support and resistance for the week (December 11, 2023 – December 15, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 450.77 |
| Resistance 2 | 429.98 |
| Resistance 1 | 417.72 |
| Support 1 | 384.67 |
| Support 2 | 363.88 |
| Support 3 | 351.62 |
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