indiamarketoutlook

RCom: Trading @ channel resistance zone

Short
NSE:RCOM   RELIANCE COMM LTD
RCom
CMP 21.40

- Trading in a sideways channel

- 22.45 is an important resistance level for RCom...

- Bullishness only if closing above that level...

- Otherwise the stock could be heading back to 18 levels


Take care and safe trading...!!!
Trade active:
rcom
22.20

Trade active now with sl @ 22.60
Trade closed: stop reached:
Trade closed

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