2025-08-28 11:19:51 am | Source: Motilal Oswal Wealth Management
Technical Trading Idea : Rural Electrification Corporation Ltd Target Rs. 348 By Motilal Oswal Wealth Management
Rural Electrification Corporation Ltd
Sell Rural Electrification Corporation Ltd CMP 363SL 377 TARGET 348 DURATION Weekly
* Range breakdown on daily scale.
* Large bodied bearish candle.
* Respecting 50 DEMA resistance zones.
* Higher than average selling volumes.
* RSI momentum indicator declining.
* We recommend to sell the stocks FUT contract at CMP Rs.363 with a SL of Rs.377 and a TGT of Rs.348.
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