REC has run up a lot,so wait till it forms a base. Last base was at 325,300 levels. 339.4 was the 20 day ema so today there was bounce off that. CMP is 347.7. Not too sure where it would go from here.
Opto similar state.
Both these stocks have run up and now are coming off. Wait for them to consolidate.
These charts look similar to Exide some while back. So wait for an better entry.
Just my opinion.
REC has run up a lot,so wait till it forms a base. Last base was at 325,300 levels. 339.4 was the 20 day ema so today there was bounce off that. CMP is 347.7. Not too sure where it would go from here.
Opto similar state.
Both these stocks have run up and now are coming off. Wait for them to consolidate.
These charts look similar to Exide some while back. So wait for an better entry.
Just my opinion.