REC Ltd broken a resistance of nearly 8 months and close above 107. I am picking this stock for both investment as well as short term trade. Reasons for picking this trade are :
1. Broken a trendline resistance 2. Good amount of OI added. 3. maintaining consistent numbers in Quarterly results. 4. Giving a rich dividend yield consistently.
This trade is for educational purpose
Trade fechado: objetivo atingido
Rec gave nearly 1.1% profit in 1 day..so if you are very short term trader then you can exit. As Monday markets may have an effect of Jackson hole meeting outcome
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