ilmscore | Prediction Details
"what a rally it has seen mind blowing more of a cup and handle pattern and the target as per cup and handle comes to around 167 but if I were to tell you about the short term comparatively shorter term you can see that as channel was formed it was broken and I feel that it will try and retest this so a retest can happen till 150 and if it bounces from here then I feel that classic case of breakout retest bounce in that case it can reach up to the cup and handle target pretty easily which will be 163"
By CA Rachana Phadke Ranade | June 15, 2023 | Pending
From video
What Is Stopping Nifty? | CA Rachana Ranade 00:34:52 - 00:35:28
Interpreted Prediction
REC has shown a remarkable rally, forming a cup and handle pattern with a target of 167. A short-term retest to 150 is possible, followed by a breakout, retest, and bounce scenario that could lead it to reach 163.

Prediction Details

Ticker
REC

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