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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (April 29, 2024 – May 03, 2024)

REC
REC
REC closed the previous week on a negative note losing 7.44%.

Technically, REC share price will see immediate support at 435.68 and immediate resistance would be seen at 470.03.

If REC share price closes below immediate support of 435.68, then sharp breakdown can be seen. REC share price will see major support at 414.37 for the week.

On the positive side, immediate resistance will be seen at 470.03. Closing above 470.03, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 483.07 for the week.

Trading range for REC share price for this week should be between 401.33 on down side and 504.38 on up side.

REC Previous Week High: 461.75

REC Previous Week Low: 427.4

REC Previous Week Range: 34.35 Points

REC share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 504.38
Resistance 2 483.07
Resistance 1 470.03
Support 1 435.68
Support 2 414.37
Support 3 401.33
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{"buy_point":[{"en_ltd":"2024-04-24","en_sup_p_91":"437.39","en_sup_t_91":"426.22","prev_close":"435.80","en_close":"439.80","new_date":"Apr 24","prev_close_no":435},{"en_ltd":"2024-03-21","en_sup_p_91":"445.73","en_sup_t_91":"419.03","prev_close":"423.00","en_close":"450.25","new_date":"Mar 21","prev_close_no":423}],"sell_point":[{"en_ltd":"2024-04-08","en_sup_p_91":"457.98","en_sup_t_91":"481.18","prev_close":"471.60","en_close":"453.50","new_date":"Apr 8","prev_close_no":471},{"en_ltd":"2024-03-13","en_sup_p_91":"466.98","en_sup_t_91":"483.17","prev_close":"483.50","en_close":"448.50","new_date":"Mar 13","prev_close_no":483}]}

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