Get started
REC LTDREC LTDREC LTD

REC LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

RECLTD trade ideas

RECLTD IS GREAT STOCK TO WATCH OUT FOR DOUBLE YOUR WEALTH *INVESTMENT Recommendation for REC Limited (RECLTD)** **Current Price:** ₹457 **Stop Loss:** ₹388 **Long-term Target:** ₹850 **Technical Analysis:** The price action of REC Limited (RECLTD) on the charts suggests a bullish outlook, following a breakout from a flag and pole formation, which is typically a continuation pattern. The breakout above the flag at around ₹430 adds to the bullish sentiment, indicating potential for an upward trajectory. The immediate resistance is viewed around the ₹500 mark. Once it clears that level, the path to higher targets like ₹850 becomes more plausible. Investors should consider maintaining a stop loss at ₹388 to mitigate downside risk. **Fundamental Overview:** REC Limited, a prominent player in the financial services sector focusing on power infrastructure, has demonstrated strong fundamentals. Recent financials reflect robust earnings growth, backed by government initiatives in the power sector and increasing demand for power infrastructure financing. With the Indian government's emphasis on renewable energy and electrification projects, REC is well-positioned to benefit from these developments. Additionally, REC's involvement in various government schemes, its status as a Navratna company, and strong backing by the Government of India provide further financial stability and growth prospects. Its debt-to-equity ratio and other financial health indicators are stable, supporting its long-term investment case. The combination of these technical patterns and solid fundamentals makes REC Limited a compelling stock for long-term investors, aiming for the target of ₹850, keeping in mind the recommended stop loss at ₹388 to manage risks effectively. **Investment Rationale:** - **Technical breakout**: Flag and pole pattern suggesting continuation of prior uptrend. - **Government initiatives**: Strong involvement in government-backed power infrastructure projects. - **Financial health**: Robust financials with stable debt management and profitability metrics. **Risk Considerations:** - **Market volatility**: Broader market fluctuations and sector-specific risks. - **Regulatory changes**: Any adverse regulatory changes could impact profitability. Investors should stay updated on quarterly earnings reports and sector developments to adjust their strategies accordingly.
NSE:RECLTDLong
by TRADERSMONK07
Triple Top Breakout - RECLTD 📊 Script: REC 📊 Sector: Finance 📊 Industry: Finance - Term-Lending Institutions Key highlights: 💡⚡ 📈 Script is giving breakout of Triple Top pattern of daily chart with volume. 📈 Today was the result date and numbers are pretty good. 📈 Trading at upper band of Bollinger band and giving breakout of it. 📈 MACD and Double Moving Averages are giving Crossover. 📈 RSI is around 70. 📈 Initially we may see some profit booking because stock was up almost 10%. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 507 🟢 Target 🎯🏆 - 551 ⚠️ Stoploss ☠️🚫 - 488 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:RECLTDLong
by radha_23
4
Falling wedge on RECLTDRECLTD formed a falling wedge pattern on daily chart. Looking at the angle at which the pattern has formed one can expect a slow climb towards the target. Moreover price has tested multiple support and resistance point that would act as a good support for price when it goes down. Both bullish swing and bearish swing were equal in power so skipping this one. Still a good risk reward but lots of other opportunities out there. Hope you liked my idea. If you do, please boost this idea or leave a comment below on what you think. I'll be glad to hear form you. Otherwise, happy trading :-)
NSE:RECLTDLong
by digijagan
1
[HP] RECLTD Short IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
NSE:RECLTDShort
by Amit_Ghosh
[HP] RECLTD Short IdeaPrice Action Strategy Principle: One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, Don't buy unless the price breaks the specified 'Buy' level. Trading Shorthands Positional: Suitable for holding positions with expected minimal sharp volatility. Assessment based on upcoming events and various factors. Intraday: Positions must be closed by the end of the day. Theta, Bounce, 3BB, Entropy: My unique trading systems. Personal Trading Approach I do not strictly adhere to rules. If a trade seems unfavorable, I might take a contrary position or extend an intraday trade. Follow the systems I share, not my actions. Risk Management Stop Loss for Intraday Trades: Typically at the Day's High. Stop Loss for Positional Trades: Generally at the level of previous swings. I often manage risk through options in derivative trading, instead of a traditional stop loss.
NSE:RECLTDShort
by Amit_Ghosh
1