RCOM trade ideas
Rcommmmmm:From my previous post , here is an update. please have a proper sl in place. this is risky.. requires immense control on emotions.
RCOM Doji TradeAs per yesterday's discussion haha.
NRML RCOM18DECFUT NFO -28000 17.05 16.70 +9,800.00 -2.05%
The game has already began! :)
Rcom Cup and handle break with high volumeRcom has broke its range reversing from low forming a cup and handle pattern with high volumes which makes breakout more meaningful so its a buy with sl of 14 and targets of 22-26-30-40 cmp is 17.5 RELIANCE COMM
RCommmmmm !!I never thought i will even look it into this. but my friend prompted me to do so ! looks like it will retest 12.5-13 and then fire up. already broken the triangle pattern with triple bottom in place and just over the flag breakout. immediate resistance around 18 then 20-22 !! i think by end of dec it can reach 30 !!risky bet !!!
Trading against the trend (Intraday)RSI overbought, possible higher low formation, support at 0.23 fiblevel, short till 13.15 level or long at 13.15 level
RCOM: High risk-High rewardIndicators are showing bullish on upcoming weeks and months. Weekly and Monthly MACD crossover may happen coming weeks and months. Cant explain each and every indicator signals here. All are ready to go positive side. One can enter here for high reward with high risk.
Vijayaraghavan.K,
Kovilpatti.
RCom : Still A Semi-Circular Move , What's Next ... {Bullish}Everything is mentioned Over the Chart !
Please Comment if You do have any query !
Good Luck !
RCOM Uptrend Bound TradeEntered on 3 Aug at 15.60 with Stop Loss at 13.55
Update Stop Loss on 24 August from 13.55 to 18.40
Current Stop Loss is 18.40
In case of hitting Stop Loss, confirmed profit of 18.40 - 15.60 = 3 points
Reliance Communications Limited Buy Reliance Communications Limited Buy
Entry CMP
SL :Rs :16.85
Target 1: 25.2
Target 2: 30.5
RCOM Bounce Uptrend TradeEntered on 03 Aug 18 on 15.45 with a stop loss at 14.45
Current Trailing Stop loss = 14.45
In case of hitting stop loss loss of 1 point.
Good move by RComTomorrow if 21.20 is held, progressive intermediate resistance levels will be 23.50, 24.35 and resistance is at 27.00. Support is at 13.80-14.00
