NeeteshJain
Long

RCOM - AT ACCUMULATION STAGE (LONG TERM INVESTMENT WATCH)

BSE:RCOM   RELIANCE COMMUNICATIONS LTD.
It has been trading at it is all time low where we can see accumulation and high open interest in futures contract. It is a good opportunity to buy this one at current levels with a strict stop loss at 46.

RCOM             new mergers and up gradation in services will be in news for next few months which will make it in spotlight to all other investors as surely that will add up to company's earnings . Prices will rise from here gradually.
As per my view, it seems to be a handsome investment opportunity .
Target 1 achieved.
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