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.
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