REVIEW OF STOCK STRATEGY
We had recommended our readers to buy the stock of REC Ltd at Rs 126.15 in the issue no. 04 (dated November 19, 2018). Post our recommendation; the stock has oscillated within a range. Going ahead, a breakout above the level of Rs 127 would result in a fresh breakout.
We advised our readers to hold this stock as the stock is probably taking a breather post a sharp upmove from lower levels. We would suggest holding the stock with a stop loss of Rs 114.