REC LTD
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REC potential Channel trade play...!!!

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REC
CMP 108.40

The stock is trading in a channel. Support at 100 odd levels. Target zone around 130 odd levels.

Can be looked as a buying opportunity at CMP and on dips towards 104.50 for Target of 122/130/144

Stop loss if trades below 98 on closing basis

Take care and safe trading...!!!
交易开始
REC
CMP 104.75
Trade active
交易开始
REC
CMP 137.55
Seen the cadbury shot ad (mann mein laddu phoota)

Feeling same today... :-)

REC is up more than 30% since recommendation at 104.75 levels (mann mein laddu phoota...) and now it announces a dividend payout of Rs 11/- per share. (Ek aur laddu phoota...)

Enjoy...!!!
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