Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 11.34%.
Technically, REC share price will see immediate support at 482.63 and immediate resistance would be seen at 544.23.
If REC share price closes below immediate support of 482.63, then sharp breakdown can be seen. REC share price will see major support at 451.42 for the week.
On the positive side, immediate resistance will be seen at 544.23. Closing above 544.23, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 574.62 for the week.
Trading range for REC share price for this week should be between 421.03 on down side and 605.83 on up side.
REC Previous Week High: 543.4
REC Previous Week Low: 481.8
REC Previous Week Range: 61.6 Points
REC share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 605.83 |
| Resistance 2 | 574.62 |
| Resistance 1 | 544.23 |
| Support 1 | 482.63 |
| Support 2 | 451.42 |
| Support 3 | 421.03 |
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