REC Outlook for the Week (August 28, 2023 - September 01, 2023)

REC closed the previous week on a negative note losing 5.88%.

Technically, REC share price will see immediate support at 231.87 and immediate resistance would be seen at 246.32.

If REC share price closes below immediate support of 231.87, then sharp breakdown can be seen. REC share price will see major support at 224.43 for the week.

On the positive side, immediate resistance will be seen at 246.32. Closing above 246.32, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 253.33 for the week.

Trading range for REC share price for this week should be between 217.42 on down side and 260.77 on up side.

REC Previous Week High: 245.9

REC Previous Week Low: 231.45

REC Previous Week Range: 14.45 Points

REC share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type	Value
Resistance 3	260.77
Resistance 2	253.33
Resistance 1	246.32
Support 1	231.87
Support 2	224.43
Support 3	217.42

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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 28, 2023 – September 01, 2023)

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