RECLTD Outlook for the Week (November 18, 2024 – November 22, 2024)
REC closed the previous week on a negative note losing -2.46%.
Technically, REC share price will see immediate support at 487.47 and immediate resistance would be seen at 529.12.
If REC share price closes below immediate support of 487.47, then sharp breakdown can be seen. REC share price will see major support at 472.58 for the week.
On the positive side, immediate resistance will be seen at 529.12. Closing above 529.12, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 555.88 for the week.
Trading range for REC share price for this week should be between 445.82 on down side and 570.77 on up side.
REC Previous Week Open: 515
REC Previous Week High: 541
REC Previous Week Low: 499.35
REC Previous Week Close: 502.35
REC Previous Week Range: 41.65 Points
REC share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 570.77 |
| Resistance 2 | 555.88 |
| Resistance 1 | 529.12 |
| Support 1 | 487.47 |
| Support 2 | 472.58 |
| Support 3 | 445.82 |
