RECLTD trade ideas
Rural Electrification Corporation Limited1.) 50MA is crossing 100MA
2.) It has broken resistance at 173 convincingly
Looks all set to touch 198
REC bear market near its completion...REC has formed 7 year long corrective flat...which is in ending stages.....
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
