REC Limited breaks above ₹310 resistance!!
REC Limited breaks above ₹310 resistance REC Limited (NSE: RECLTD) closed at ₹312.95 on September 25, gaining 1.53%. The stock moved above its ₹309.75 second-resistance level. Why it matters The stock also crossed the first resistance at ₹303.20. The technical pivot is ₹299.10, while the next resistance is ₹320.40. Support levels are ₹292.55, ₹288.45 and ₹277.80. Volume was about 1.51 crore shares during the session. The breakout places REC above the ₹309.75 resistance zone, making this level important for the next trading sessions. My view The technical structure has improved after the stock cleared two resistance levels. The key test now is whether the breakout zone can convert into support.
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