Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 11.87%.
Technically, REC share price will see immediate support at 383.33 and immediate resistance would be seen at 435.73.
If REC share price closes below immediate support of 383.33, then sharp breakdown can be seen. REC share price will see major support at 360.07 for the week.
On the positive side, immediate resistance will be seen at 435.73. Closing above 435.73, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 464.87 for the week.
Trading range for REC share price for this week should be between 330.93 on down side and 488.13 on up side.
REC Previous Week High: 441.6
REC Previous Week Low: 389.2
REC Previous Week Range: 52.4 Points
REC share price support and resistance for the week (December 25, 2023 – December 29, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 488.13 |
| Resistance 2 | 464.87 |
| Resistance 1 | 435.73 |
| Support 1 | 383.33 |
| Support 2 | 360.07 |
| Support 3 | 330.93 |
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{"buy_point":[],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"428.52","en_sup_t_91":"438.83","prev_close":"435.15","en_close":"404.45","new_date":"Dec 20","prev_close_no":435}]}
