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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (January 22, 2024 – January 26, 2024)

REC
REC
REC closed the previous week on a negative note losing 9.31%.

Technically, REC share price will see immediate support at 424.18 and immediate resistance would be seen at 466.43.

If REC share price closes below immediate support of 424.18, then sharp breakdown can be seen. REC share price will see major support at 396.77 for the week.

On the positive side, immediate resistance will be seen at 466.43. Closing above 466.43, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 481.27 for the week.

Trading range for REC share price for this week should be between 381.93 on down side and 508.68 on up side.

REC Previous Week High: 453.85

REC Previous Week Low: 411.6

REC Previous Week Range: 42.25 Points

REC share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 508.68
Resistance 2 481.27
Resistance 1 466.43
Support 1 424.18
Support 2 396.77
Support 3 381.93
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{"buy_point":[{"en_ltd":"2024-01-15","en_sup_p_91":"435.84","en_sup_t_91":"421.95","prev_close":"428.55","en_close":"440.40","new_date":"Jan 15","prev_close_no":428},{"en_ltd":"2024-01-01","en_sup_p_91":"421.88","en_sup_t_91":"404.30","prev_close":"412.85","en_close":"424.85","new_date":"Jan 1","prev_close_no":412}],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"428.52","en_sup_t_91":"438.83","prev_close":"435.15","en_close":"404.45","new_date":"Dec 20","prev_close_no":435}]}

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