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Published on 9/09/2019 9:31:47 AM | Source: Religare Securities Ltd

Buy REC Ltd For Target Rs.159 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #NBFC #Trading Report #Religare Securities Ltd #REC Ltd

Derivative Ideas

RECLTD added around 16% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further up move in its price. We suggest buying RECLTD in cash as per below levels.

Strategy:- BUY RECLTD BETWEEN 149-151, STOPLOSS AT 144, TARGET 159.

 

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