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Latesh_Narula

is RCOM a buy ??

Long
RELIANCE COMM LTD (NSE:RCOM)  
Latesh_Narula  
NSE:RCOM   RELIANCE COMM LTD
Trend Analysis
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5
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trendanalysis
NSE:RCOM a buy ??
Read Chart for details.

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Latesh_Narula
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Comments

thoughtshores
Now, I guess we can call it a false breakout ;-)
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kbmj
Yes , It is A Blind Buy ... Good Finding :)
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thoughtshores
RCOMm is a fundamentally week stock. There is absolutely nothing in the stock that warrants the stock to be at the price of 30. This can move back to 20 levels on long terms. Good ever green SHORT!!
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thoughtshores
I don't think so. It has not closed up on daily charts. It might collapse back to 27.67, lower end of cloud.
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Latesh_Narula thoughtshores
@thoughtshores, i know what time frame i am using ... i posted daily chart ... and plzz have some patience ..
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Latesh_Narula Latesh_Narula
@Latesh_Narula, :)
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