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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (March 18, 2024 – March 22, 2024)

REC
REC
REC closed the previous week on a negative note losing 12.55%.

Technically, REC share price will see immediate support at 420.67 and immediate resistance would be seen at 482.42.

If REC share price closes below immediate support of 420.67, then sharp breakdown can be seen. REC share price will see major support at 394.63 for the week.

On the positive side, immediate resistance will be seen at 482.42. Closing above 482.42, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 518.13 for the week.

Trading range for REC share price for this week should be between 358.92 on down side and 544.17 on up side.

REC Previous Week High: 492.1

REC Previous Week Low: 430.35

REC Previous Week Range: 61.75 Points

REC share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 544.17
Resistance 2 518.13
Resistance 1 482.42
Support 1 420.67
Support 2 394.63
Support 3 358.92
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