Very high conviction setup!

Chart -> REC LTD Weekly

A picture-perfect VCP breakout has been formed in the weekly time frame, with around 5 times getting rejection from the resistance.

CMP: 132
Good Range: 120 to 130
Target: 165
SL: 113 Weekly close

Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.