praveen.bhatiya

RCOM Buy Ascending Channel.

Long
NSE:RCOM   RELIANCE COMM LTD
RCOM price movement are forming a beautiful upward channel. Today's touch at lower boundary offers a good opportunity to go long at this level. Low of last swing would be a good protection so could be used as a Stop loss. It offers a good possibility to reach the upper end.
Trade active: Trade is doing well so far up by 2.60%.
Trade closed: target reached: Booked decent profit at the region of last swing High :)