RECLTD Outlook for the Week (December 16, 2024 – December 20, 2024)
REC closed the previous week on a negative note losing -0.18%.
Technically, REC share price will see immediate support at 541.87 and immediate resistance would be seen at 572.67.
If REC share price closes below immediate support of 541.87, then sharp breakdown can be seen. REC share price will see major support at 526.78 for the week.
On the positive side, immediate resistance will be seen at 572.67. Closing above 572.67, REC share price will see a sharp breakout. Major resistance for REC share price will be seen at 588.38 for the week.
Trading range for REC share price for this week should be between 511.07 on down side and 603.47 on up side.
REC Previous Week Open: 557.95
REC Previous Week High: 573.3
REC Previous Week Low: 542.5
REC Previous Week Close: 556.95
REC Previous Week Range: 30.8 Points
REC share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 603.47 |
| Resistance 2 | 588.38 |
| Resistance 1 | 572.67 |
| Support 1 | 541.87 |
| Support 2 | 526.78 |
| Support 3 | 511.07 |
