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MARKET OUTLOOKRECLTDSTOCK OUTLOOK

REC Outlook for the Week (May 06, 2024 – May 10, 2024)

REC
REC
REC closed the previous week on a negative note losing 19.75%.

Technically, REC share price will see immediate support at 486.25 and immediate resistance would be seen at 598.25.

If REC share price closes below immediate support of 486.25, then sharp breakdown can be seen. REC share price will see major support at 414.70 for the week.

On the positive side, immediate resistance will be seen at 598.25. Closing above 598.25, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 638.70 for the week.

Trading range for REC share price for this week should be between 374.25 on down side and 710.25 on up side.

REC Previous Week High: 567.15

REC Previous Week Low: 455.15

REC Previous Week Range: 112 Points

REC share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 710.25
Resistance 2 638.70
Resistance 1 598.25
Support 1 486.25
Support 2 414.70
Support 3 374.25
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