Tuesday, June 14, 2011

Rural Electrification Corporation Ltd.( RECLTD) A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


RECLTD closes  at 203.50  with a  fall of -0.20 % on 13 June 2011 with formation of Small Black  Candle   on Daily  Price Chart. Technically, RECLTD is looking extremely Bearish on  Charts. Major Momentum Indicators are Bearish. TSI & TAIO Indicators are showing weakness of Daily Price Chart.
We Recommend to SELL  -  RECLTD At  CMP
Target- 173.50
Stop-Loss –211.50
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