REC Outlook for the Week (August 14, 2023 - August 18, 2023)

REC closed the previous week on a negative note losing 14.00%.

Technically, REC share price will see immediate support at 204.88 and immediate resistance would be seen at 237.18.

If REC share price closes below immediate support of 204.88, then sharp breakdown can be seen. REC share price will see major support at 185.47 for the week.

On the positive side, immediate resistance will be seen at 237.18. Closing above 237.18, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 250.07 for the week.

Trading range for REC share price for this week should be between 172.58 on down side and 269.48 on up side.

REC Previous Week High: 230.65

REC Previous Week Low: 198.35

REC Previous Week Range: 32.3 Points

REC share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type	Value
Resistance 3	269.48
Resistance 2	250.07
Resistance 1	237.18
Support 1	204.88
Support 2	185.47
Support 3	172.58

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{"buy_point":[{"en_ltd":"2023-07-24","en_sup_p_91":"164.81","en_sup_t_91":"164.31","prev_close":"161.85","en_close":"172.95","new_date":"Jul 24","prev_close_no":161}],"sell_point":[{"en_ltd":"2023-07-14","en_sup_p_91":"165.21","en_sup_t_91":"165.29","prev_close":"165.30","en_close":"160.30","new_date":"Jul 14","prev_close_no":165}]}

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REC Outlook for the Week (August 14, 2023 – August 18, 2023)

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