Sunday, July 17, 2011

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


RECLTD closes at  $ 224.30  with a  gain    of  +1.90% on 16 July 2011 with formation of  White  Candle  on Daily  Price Chart .Technically, RECLTD  is extremely  Bullish on charts.  MACD & Scheff Trend Cycle is moving Upwards on Daily Price Chart.
We Recommend to BUY -   RECLTD   at CMP
Target- $ 236
Stop-Loss – $ 217
Time Frame- 5-10 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .
 Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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