REC Ltd Stock Analysis

REC LTD

Rural Electrification Corporation Limited. | RECLTD Stock Analysis |

Buy RECLTD Above Rs . 106 for The Targets of Rs . 110.40 – 112.40 – 116.

Stoploss- 102.80


Technical analysis

MOVING AVERAGES

NameAction
Exponential Moving Average (5)Bullish
Simple Moving Average (5)Bullish
Exponential Moving Average (10)Bullish
Simple Moving Average (10)Bullish
Exponential Moving Average (20)Bullish
Simple Moving Average (20)Bullish
Exponential Moving Average (30)Bullish
Simple Moving Average (30)Bullish
Exponential Moving Average (50)Bullish
Simple Moving Average (50)Bullish
Exponential Moving Average (100)Bullish
Simple Moving Average (100)Bullish
Exponential Moving Average (200)Bullish
Simple Moving Average (200)Bullish

OSCILLATORS

NameAction
Relative Strength Index (14)Neutral
Stochastic %K (14, 3, 3)Neutral
Commodity Channel Index (20)Neutral
Average Directional Index (14)Neutral
Awesome OscillatorNeutral
Momentum (10)Sell
MACD Level (12, 26)Sell
Stochastic RSI Fast (3, 3, 14, 14)Neutral
Williams Percent Range (14)Neutral
Bull Bear PowerNeutral


Strengths

Company with Zero Promoter PledgeFII increasing their shareholding

Weaknesses

Decline in Quarterly Net Profit (YoY)Companies with Increasing Debt
Poor cash generated from core business

About:- REC Ltd.

Share Holding Pattern in (%)

StandaloneMarch 2020September 2019June 2019March 2019
Promoters52.6352.6352.6352.63
Pledged0000
FII/FPI26.9928.9327.0525.3
Total DII14.3712.6314.5515.84
Fin.Insts0.220.310.340.42
Insurance Co2.972.973.023.13
MF8.827.159.1910.35
Others DIIs2.362.221.94
Others65.815.776.23
Total99.99100100100

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(*Note:- The recommendations are based on technical analysis. There is a risk of loss.)

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