NeeteshJain

RCOM - Counter Trend Trade Setup

Long
NeeteshJain Pro+ Updated   
BSE:RCOM   RELIANCE COMMUNICATIONS LTD
It is been observed on daily chart that the price action is moving up with higher high then previous green candle indicating a counter trend setup. It shall further move up to Fibs levels of 23.6% at 37.70.

Target: 37.70
Stoploss: 34
RR: 1:1
Trade active
Trade active
Trade active
Trade closed: target reached: Target reached successfully. REGARDS
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