REC has been under corrective pressure after failing to sustain above the ₹360–370 zone. Price is currently trading near the major demand area around ₹335–345, while several technical indicators remain weak in the short term
Support Levels
🔹 S1: ₹335–340 (Immediate support)
🔹 S2: ₹325–330 (Strong demand zone)
🔹 S3: ₹302–310 (Major positional support)
Key Resistance Levels
🔸 R1: ₹352–355
🔸 R2: ₹365–370
🔸 R3: ₹382–390
🔸 Major Breakout Zone: ₹420+ (would confirm a stronger bullish structure)
Support Levels
🔹 S1: ₹335–340 (Immediate support)
🔹 S2: ₹325–330 (Strong demand zone)
🔹 S3: ₹302–310 (Major positional support)
Key Resistance Levels
🔸 R1: ₹352–355
🔸 R2: ₹365–370
🔸 R3: ₹382–390
🔸 Major Breakout Zone: ₹420+ (would confirm a stronger bullish structure)
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