RCom is overbought and can remain overbought for longer, but its a good short candidate now for a target of 26-27.
Stop Loss 42.00.
Shorting in Futures is highly risky.
This chart is for educational purpose only.
Market has already broken down on weekly charts...Just trying to kiss the trendline again. Be careful at Higher levels..There is a chance of breakdown in the coming weeks as weekly RSI has a negative divergence.
Be ready to grab again at lower levels....any stocks.....opportunity comes only twice this time...