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REC Limited: Bullish to sideways
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By Sahil SwaroopThe daily trend of REC Limited is bullish to sideways. The RSI for monthly, weekly and daily is showing bullish momentum.
Based on data, its maximum open interest on the PUT side is at strike 200, and on the CALL side, it is at 250. We are assuming it will spend most of the time between 235 and 250.
We are recommending a short Iron Condor strategy for taking the short-term non-directional strategy. An entry can be considered if
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