NeeteshJain

RCOM Breaking Out Trending Channel (Bullish)

Long
BSE:RCOM   RELIANCE COMMUNICATIONS LTD
The price action is indicating high buying pressure which surging prices up. It shall reach to 53 level soon.

Target: 53
Stoploss: 50
Duration: 1-3 Days
Trade closed: target reached: Target of 53 achieved, book partial profits.