REC LTDShort
RECLTD - BEARISH
RECLTD
The stock is trading in a rising channel. The prices are facing mild resistance from 20EMA.
Technical indicators are weak.
Sentiments
Buy 44 % Sell 56 %
Derivative Option OI
Maximum Call 100 (Resistance)
Maximum Put 85 (Support)
Once the channel is broken with Volume, we might see the prices moving swiftly from 86.5 to 85. If the 84.5 price point is also broken, next stop is 80.50.
Technical SL is 91.75. However, 20EMA might act as a reasonable resistance for prices tomorrow.
KEEP AN EYE !! #B-
The stock is trading in a rising channel. The prices are facing mild resistance from 20EMA.
Technical indicators are weak.
Sentiments
Buy 44 % Sell 56 %
Derivative Option OI
Maximum Call 100 (Resistance)
Maximum Put 85 (Support)
Once the channel is broken with Volume, we might see the prices moving swiftly from 86.5 to 85. If the 84.5 price point is also broken, next stop is 80.50.
Technical SL is 91.75. However, 20EMA might act as a reasonable resistance for prices tomorrow.
KEEP AN EYE !! #B-
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
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