RECLTD Outlook for the Week (January 13, 2025 – January 17, 2025)
REC closed the previous week on a negative note losing -15.16%.
Technically, REC share price will see immediate support at 428.73 and immediate resistance would be seen at 515.68.
If REC share price closes below immediate support of 428.73, then sharp breakdown can be seen. REC share price will see major support at 398.12 for the week.
On the positive side, immediate resistance will be seen at 515.68. Closing above 515.68, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 572.02 for the week.
Trading range for REC share price for this week should be between 341.78 on down side and 602.63 on up side.
REC Previous Week Open: 541.4
REC Previous Week High: 541.4
REC Previous Week Low: 454.45
REC Previous Week Close: 459.35
REC Previous Week Range: 86.95 Points
REC share price support and resistance for the week (January 13, 2025 - January 17, 2025)
| Level Type | Value |
|---|---|
| Resistance 3 | 602.63 |
| Resistance 2 | 572.02 |
| Resistance 1 | 515.68 |
| Support 1 | 428.73 |
| Support 2 | 398.12 |
| Support 3 | 341.78 |
