Stock of the day: Buy REC Ltd For Target Rs.130

11/04/2023 10:27:36 AM | Source: Religare Broking Ltd

Stock of the day: Buy REC Ltd For Target Rs.130 - Religare Broking

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REC Ltd

* RECLTD has surged strongly and ended near day’s high on the daily chart.

* The up move is supported with noticeable rise in volume.

* The current chart pattern combined with the positioning of the confirmation indicators are also pointing towards strong surge ahead.

* We thus suggest creating fresh longs within the given range .

Technical Chart : Daily

BUY REC Ltd CMP:124.05; Range:122-123; SL: 119; Target: 130

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Stock of the day: Buy REC Ltd For Target Rs.130 - Religare Broking

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