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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (February 19, 2024 – February 23, 2024)

REC
REC
REC closed the previous week on a negative note losing 8.87%.

Technically, REC share price will see immediate support at 449.97 and immediate resistance would be seen at 493.37.

If REC share price closes below immediate support of 449.97, then sharp breakdown can be seen. REC share price will see major support at 426.28 for the week.

On the positive side, immediate resistance will be seen at 493.37. Closing above 493.37, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 513.08 for the week.

Trading range for REC share price for this week should be between 406.57 on down side and 536.77 on up side.

REC Previous Week High: 489.4

REC Previous Week Low: 446

REC Previous Week Range: 43.4 Points

REC share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 536.77
Resistance 2 513.08
Resistance 1 493.37
Support 1 449.97
Support 2 426.28
Support 3 406.57
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