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REC Outlook for the Week (September 18, 2023 – September 22, 2023)

REC closed the previous week on a negative note losing 15.74%.

Technically, REC share price will see immediate support at 228.30 and immediate resistance would be seen at 273.10.

If REC share price closes below immediate support of 228.30, then sharp breakdown can be seen. REC share price will see major support at 211.70 for the week.

On the positive side, immediate resistance will be seen at 273.10. Closing above 273.10, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 301.30 for the week.

Trading range for REC share price for this week should be between 183.50 on down side and 317.90 on up side.

REC Previous Week High: 284.7

REC Previous Week Low: 239.9

REC Previous Week Range: 44.8 Points

REC share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 317.90
Resistance 2 301.30
Resistance 1 273.10
Support 1 228.30
Support 2 211.70
Support 3 183.50

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