rdkriplani

REC Ltd - Policy continuity trade

NSE:RECLTD   REC LTD
With majority consensus of Modi coming back to power...we can expect policy continuity.

REC will be a big beneficiary with lending to renewables..

Ideally long on any pullback to 521 or on a fresh breakout above 568..
Stoploss should ideally be 490 bt that's deep so maybe below 535.

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