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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (March 04, 2024 – March 08, 2024)

REC
REC
REC closed the previous week on a negative note losing 9.12%.

Technically, REC share price will see immediate support at 433.77 and immediate resistance would be seen at 476.37.

If REC share price closes below immediate support of 433.77, then sharp breakdown can be seen. REC share price will see major support at 407.88 for the week.

On the positive side, immediate resistance will be seen at 476.37. Closing above 476.37, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 493.08 for the week.

Trading range for REC share price for this week should be between 391.17 on down side and 518.97 on up side.

REC Previous Week High: 467.2

REC Previous Week Low: 424.6

REC Previous Week Range: 42.6 Points

REC share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 518.97
Resistance 2 493.08
Resistance 1 476.37
Support 1 433.77
Support 2 407.88
Support 3 391.17
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