RECLTD at 200DMA Support Long

REC LTDNSE

Description

⋅ 2 nov. 2021 10:44

RECLTD is at the confluence of trendline support and also its 200DMA support. A combination of trendline and 200DMA acts as a decent support for the stock. Long can be initiated for 169 resistance as the target zone.

Commentaire

⋅ 17 nov. 2021 11:17

SL hit as price has breached the 200DMA.

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