REC forms Triple Top in Point and Figure Chart

Rural Electrification Corporation Limited (REC), India's leading public Infrastructure Finance Company in powehttp://www.blogger.com/img/blank.gifr sector has formed Triple Top in the Point and Figure Chart. REC has reached its all time of high of 413.80 on Oct 12, 2010. Right from there the REC has turned negative and traveled towards south. On Feb 23, 2011 REC reached its 52 weeks low of 215.70. During this period stock went down by 200 points which is close to 50%.More...