Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 8.70%.
Technically, REC share price will see immediate support at 513.42 and immediate resistance would be seen at 561.07.
If REC share price closes below immediate support of 513.42, then sharp breakdown can be seen. REC share price will see major support at 482.88 for the week.
On the positive side, immediate resistance will be seen at 561.07. Closing above 561.07, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 578.18 for the week.
Trading range for REC share price for this week should be between 465.77 on down side and 608.72 on up side.
REC Previous Week High: 547.65
REC Previous Week Low: 500
REC Previous Week Range: 47.65 Points
REC share price support and resistance for the week (May 20, 2024 – May 24, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 608.72 |
| Resistance 2 | 578.18 |
| Resistance 1 | 561.07 |
| Support 1 | 513.42 |
| Support 2 | 482.88 |
| Support 3 | 465.77 |
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