RECLTD Outlook for the Week (November 11, 2024 – November 15, 2024)
REC closed the previous week on a negative note losing -2.55%.
Technically, REC share price will see immediate support at 497.30 and immediate resistance would be seen at 534.10.
If REC share price closes below immediate support of 497.30, then sharp breakdown can be seen. REC share price will see major support at 480.05 for the week.
On the positive side, immediate resistance will be seen at 534.10. Closing above 534.10, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 553.65 for the week.
Trading range for REC share price for this week should be between 460.50 on down side and 570.90 on up side.
REC Previous Week Open: 528
REC Previous Week High: 536.4
REC Previous Week Low: 499.6
REC Previous Week Close: 514.55
REC Previous Week Range: 36.8 Points
REC share price support and resistance for the week (November 11, 2024 - November 15, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 570.90 |
| Resistance 2 | 553.65 |
| Resistance 1 | 534.10 |
| Support 1 | 497.30 |
| Support 2 | 480.05 |
| Support 3 | 460.50 |
