Rural Electrification Corporation

RECLTD (202) -  After a long time, posting this stock.

 Last post on 20th May 2011 when it was traded at 208. Said that time shortly going to attack in down side 162-152. after this post it went upto 230 but from there it crashed and last month it attacked the mentioned down target of 162-152 (made low 153.60).

From there it already moved up to 200

so Now no need to say it already bottomed out at 162-152 level.

now what it in ?

Hereafter support 195-190 and upside target 230-235

minor resist at 209-212

But above that short term upside target 265-275