REC LTD
Panjang

RECL ; Completed 2nd Target.

130
In continuation to previous analyis, Recl had completed its 1.382 retracement and is consoladiting here. Booking another 25% profit is good idea. From chart it is seen that RECL had taken resistance at 147 ie 1.272 Fibonacci level. As soon as it was taken out RECL in 3 days reached 1.382 ie 157Rs. It can be seen from chart that RECL could consolidate b/w 147 and 157 before reaching 172 which is 1.672 Fibonacci extention level.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.