REC Limited – Breakout Watch

Important Levels: Support: 565 – 545 Resistance: 620 – 650 Structure: Strong consolidation near resistance Business: Leading power sector financing NBFC Major beneficiary of power transmission, renewable energy and infrastructure investments Strong dividend-paying PSU Earnings: Stable loan growth Healthy asset quality Strong profitability and cash generation Verdict: 👉 High-quality PSU finance stock 👉 Watch for breakout confirmation