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RELTD break 5 years high

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NSE:RECLTD   REC LTD
RECLTD RECL1!

Time Frame – Monthly

Observations: -
* Closed above Fibbo 61.8% level
* Breakout seen after 5 years
* RSI trendline break seen
* Good monthly closing seen after Jan 2018

Resistance – 142 / 165 / 177.85

Support – 100-110 zone

DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.

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