REC
REC Ltd. Looking Good For a Long Term Investment.REC Limited is a Maharatna PSU under the Ministry of Power. Company business activities involve financing projects in the complete power sector value chain, be it generation, transmission or distribution. CMP- 117.10. Negatives aspect of the company is FIIs and MFs decreasing stake. Positives aspect of the company are zero promoter pledge, improving annual net profit and improving quarterly net profit. Entry in the stock can be taken after closing above 118 levels. The targets will be 120, 123 and 126. Long term target in the stock will be 128+. The stock is a long term investment idea. With a dividend yield of 10.1 at current market price. Stop loss should be maintained at Monthly closing below 104.
REC looking strong.Entry / Compounding / Averaging in REC can be done after closing above 110.5 closing. The target for REC will be 116.9 and 124.
The Dividend yield of the stock is staggering 12% at CMP. Stop loss in the stock can be maintained at a closing below 97. Valuation of the stock is affordable as the stock is trading at a PE of 2.8.
The negative aspect of the company is that MFs have decreased their stake off late and the net cash flow of the company is decreasing. The positives of the company are that FIIs are increasing stake.
As mentioned dividend yield has historically been very high for REC. Net Profit of this PSU is increasing since last 2 years.
REC BIG MOVE 168 OR 100Future discount..... 135ce 140ce strong resistance....... mp 125 today cmp 125.70... but if not sustain here... then 115 110 105..... if slowly slowly upmove then target 168...
RECLTD - Weekly analysis RECLTD has been on a long term uptrend since 2008.
Price action has been printing an ascending channel.
Price is approaching the channel resistance.
REC dats healthy breakout. It seems REC just closed above its tri-Ressistance level and entered into it's old consolidation zone. From here it can shoot to 150+
- Trading Below it's Book Value.
- CMP is less than Intrinsic value.
- Amazing growth in Revenue n in NP.
- LT bet for dividend Seekers.
Is REC nearing the bottom?REC is almost at the bottom and will then completed a ABC pattern. Might have good profits to come.
Rural Electrification Corporation Limited1.) 50MA is crossing 100MA
2.) It has broken resistance at 173 convincingly
Looks all set to touch 198
REC LTD long breakout with multiple classic springsGreat descending triangle setup. Watch out for an explosive breakout.
There's been accumulation against the selling from removal in MSCI-0.77% index EEM-1.80% .
multiple springs from 162
