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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (January 29, 2024 – February 02, 2024)

REC
REC
REC closed the previous week on a negative note losing 13.65%.

Technically, REC share price will see immediate support at 430.23 and immediate resistance would be seen at 496.03.

If REC share price closes below immediate support of 430.23, then sharp breakdown can be seen. REC share price will see major support at 390.32 for the week.

On the positive side, immediate resistance will be seen at 496.03. Closing above 496.03, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 521.92 for the week.

Trading range for REC share price for this week should be between 364.43 on down side and 561.83 on up side.

REC Previous Week High: 482

REC Previous Week Low: 416.2

REC Previous Week Range: 65.8 Points

REC share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 561.83
Resistance 2 521.92
Resistance 1 496.03
Support 1 430.23
Support 2 390.32
Support 3 364.43
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