NeeteshJain
Long

RCOM Breaking out Trendline (Intraday Buy)

BSE:RCOM   RELIANCE COMMUNICATIONS LTD.
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Targeting retracement level of 61.8 which also previous support level at 51.46. Stop Loss 49.50. It is also been observed that now the price action is trading above the 20 SMA , shows bullish signs.
please post ideas before breakout also. beacause we can't enter the trade with exact entry price. when i enter then price alrady up, so post some forecast ideas.(sorry if my english is wrong)
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