Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 5.57%.
Technically, REC share price will see immediate support at 536.27 and immediate resistance would be seen at 567.67.
If REC share price closes below immediate support of 536.27, then sharp breakdown can be seen. REC share price will see major support at 518.48 for the week.
On the positive side, immediate resistance will be seen at 567.67. Closing above 567.67, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 581.28 for the week.
Trading range for REC share price for this week should be between 504.87 on down side and 599.07 on up side.
REC Previous Week High: 563.5
REC Previous Week Low: 532.1
REC Previous Week Range: 31.4 Points
REC share price support and resistance for the week (May 27, 2024 – May 31, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 599.07 |
| Resistance 2 | 581.28 |
| Resistance 1 | 567.67 |
| Support 1 | 536.27 |
| Support 2 | 518.48 |
| Support 3 | 504.87 |
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{"buy_point":[{"en_ltd":"2024-05-16","en_sup_p_91":"535.39","en_sup_t_91":"514.59","prev_close":"528.70","en_close":"541.10","new_date":"May 16","prev_close_no":528},{"en_ltd":"2024-04-24","en_sup_p_91":"437.39","en_sup_t_91":"426.22","prev_close":"435.80","en_close":"439.80","new_date":"Apr 24","prev_close_no":435}],"sell_point":[]}
