Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 11.13%.
Technically, REC share price will see immediate support at 511.77 and immediate resistance would be seen at 577.57.
If REC share price closes below immediate support of 511.77, then sharp breakdown can be seen. REC share price will see major support at 485.78 for the week.
On the positive side, immediate resistance will be seen at 577.57. Closing above 577.57, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 617.38 for the week.
Trading range for REC share price for this week should be between 445.97 on down side and 643.37 on up side.
REC Previous Week High: 591.4
REC Previous Week Low: 525.6
REC Previous Week Range: 65.8 Points
REC share price support and resistance for the week (June 03, 2024 – June 07, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 643.37 |
| Resistance 2 | 617.38 |
| Resistance 1 | 577.57 |
| Support 1 | 511.77 |
| Support 2 | 485.78 |
| Support 3 | 445.97 |
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