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indiamarketoutlook
Jul 5, 2017 7:10 AM

RCom: Trading @ channel resistance zone Short

RELIANCE COMM LTDNSE

Description

RCom
CMP 21.40

- Trading in a sideways channel

- 22.45 is an important resistance level for RCom...

- Bullishness only if closing above that level...

- Otherwise the stock could be heading back to 18 levels


Take care and safe trading...!!!

Trade active

rcom
22.20

Trade active now with sl @ 22.60

Trade closed: stop reached

Trade closed
Comments
BellMorgan
Broke 22 today and will taste 26-28 soon.
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