NeeteshJain

RCOM Breaking out Trendline (Intraday Buy)

Long
BSE:RCOM   RELIANCE COMMUNICATIONS LTD
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.