Jio is ready for 5G setup in India and Rcom can shootup insanely so I recommend to hold this for a year.
Those who miss the train on Friday can catch here@ 3.60. Alvida kahne aya hai. Target is huge. Stoploss is little.
Expecting first target 6.50 2nd target 12(1month) 15(2 month) only for paper trade
As I mentioned earlier it closed at upper circuit and so I had entered in this stock on Thursday. Generally I prefer to enter after closing the current weekly candle above the previous candle high. I knew the moment will be such fast. There is another calculation behind the logic to enter on Thursday before closing the candle onFriday.
Perfect entry here. Friday it may go for upper circuit or may open with uper circuit. Catch it if u can. More details in the chart.
Now position for long term can be a game changer.Rcom was never this much technically strong. Golden opportunity
3333% Profit Buy and forget for next 4 years Who dare to take this 😈😈😈😈 Just do minimum investment
Reliance Communications after long time clear cut breakout has came that is excellent and amazing in weekly chart and we have holding the stock at 1.80rs .
Since the Anil Ambani has committed to go debt free and some follow up action does boost the confidence of investors recently in all ADR group. I expect this rally to go continue. Now the resistance for this one lies at 3.95/4.75/9.50. Outlook intact for telecom stock, power and infra.
dont invest for long term just go for a month or two
RCOM EQUITY levels ...28/05/2021 (W candle)😊
RCOM EQUITY Levels...15/03/2021 (W Candle)
follow stoploss 1.55 target 3 rupees invest at your own risk
NSE:RCOM "NO IF NO BUT, MARKET IS ALWAYS RIGHT" :)
Stock is in Long term Down Trend...15-16 is strong Resistance...Tomorrow is Result also. Not for Small and Safe Trader.
My trading idea is mentioned on chart. This educational purpose only.