REC Ltd has successfully broken through a key resistance level with strong volume, indicating a potential for further upward movement. The stock shows significant bullish momentum, supported by the high trading volume, which confirms the reliability of this breakout. Traders should watch for continued strength in the coming sessions. Proper risk management is essential, with attention to support levels below the breakout. Stay updated as we track this promising setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.