Friday, May 24, 2013

REC LTD

REC LTD

REC LTD closed below its up trending line. Stock looks weak. However there are 100 DEMA & 200 DEMA which may hold.Yesterday prices moved below these lines and however there come some buying pressure. Still stock looks good to go short for Targets of 216/214/198 with SL at 237.



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