REC Share Price Target 2025: Will Technicals Spark a Rebound from ₹390 Pivot?
REC Ltd (NSE: RECLTD) is trading at ₹391.55, down ~0.9% today. Technical indicators are overwhelmingly bearish: moving averages and oscillators show a clear Strong Sell trend. To turn the tide, REC must hold above ₹390, or it may descend to ₹360–₹370. If it stabilizes, a rebound toward ₹450–₹500 by end‑2025 could materialize.
1. Current Technical Snapshot (July 9, 2025)
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Price: ₹391.55 (–₹3.55, –0.9%)
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52‑Week Range: ₹357.35 – ₹654.00
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Moving Averages (5–200‑day): All in Sell mode
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Oscillators:
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RSI (14): 43.6 — bearish
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MACD: –0.68 — bearish
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Stochastic: 37.8 — bearish
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Bottom‑line: Technical signals are strongly negative; weekly and monthly charts also show a sell bias.
2. Support & Resistance Levels
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Key Support: ₹390–₹392 – just below is pivot area according to classic and Fibonacci models
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Critical Breakzone: A decisive move below ₹390 could trigger a slide to ₹360–₹370
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Upside Resistance: ₹420–₹440 — potential rebound levels if momentum shifts
3. Share Price Target Scenarios for 2025
| Scenario | Target Range | Conditions |
|---|---|---|
| Base‑case | ₹360–₹370 | Break of ₹390 support triggers a drop |
| Rebound | ₹450–₹500 | Requires holding above ₹390 + trend reversal |
| Bear-case | ₹330–₹350 | Sustained technical weakness under ₹360 |
A bullish pivot breakout around ₹420+ could reignite a rally toward ₹500.
4. Risks & Technical Triggers
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Persistent bearish signals — 0 Buy readings in both moving averages and indicators
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A breakdown below ₹390 opens path toward ₹360
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Sector pressure (interest rates, rural credit trends) could reinforce the downtrend
5. Suggested Trading Strategy
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Rebound play: Buy around ₹395–₹400, once price holds and detecting a MACD RSI uptick
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Stop‑Loss: ₹388 (below pivot)
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Targets: ₹450 → ₹500
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Alternative: Short/break-trade below ₹389 → initial ₹370, then ₹350
