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praveen.bhatiya

Double Bottom, Divergence, Parallel Channel

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REC LTD (NSE:RECLTD)  
praveen.bhatiya  
NSE:RECLTD   REC LTD
Double Top or Bottom Parallel Channel Divergence
8
0
doubletoporbottom parallelchannel divergence
This down trending stock is showing some strength recently and refused to make further low, thus formed double bottom. It is showing RSI divergence. One can buy the stock as per details given below
Entry 112
SL 107
Target 132
RR 4
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

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Penafian

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