NeeteshJain

RCOM connecting...BUY

Long
BSE:RCOM   RELIANCE COMMUNICATIONS LTD.
I have observed an impulse from 45-53 levels and then a correction back to previous support. I believe another impulse will begin from current levels that will go up to 55-56 levels. it is assumed that it will be a Wave 3 and may extend to 63-65 levels. It is surely an ideal time to get in this one with risk reward favoring buyers.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.