REC shares up 3.27% as Nifty gains
Shares of REC NSE 5.74 % Ltd. gained 3.27 per cent to Rs 156.45 in Tuesday’s trade. It hit a high of Rs 156.5 and low of Rs 151.7 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 143.79, while the 50-DMA was at Rs 151.67. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
