Signals, Powered By EquityPandit
REC closed the previous week on a negative note losing 8.99%.
Technically, REC share price will see immediate support at 271.42 and immediate resistance would be seen at 297.67.
If REC share price closes below immediate support of 271.42, then sharp breakdown can be seen. REC share price will see major support at 255.43 for the week.
On the positive side, immediate resistance will be seen at 297.67. Closing above 297.67, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 307.93 for the week.
Trading range for REC share price for this week should be between 245.17 on down side and 323.92 on up side.
REC Previous Week High: 291.95
REC Previous Week Low: 265.7
REC Previous Week Range: 26.25 Points
REC share price support and resistance for the week (October 02, 2023 – October 06, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 323.92 |
| Resistance 2 | 307.93 |
| Resistance 1 | 297.67 |
| Support 1 | 271.42 |
| Support 2 | 255.43 |
| Support 3 | 245.17 |
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