AFTER A MORE THAN 28% CORRECTION, THE PRICE IS AT PREVIOUS SUPPORT LEVEL. I EXPECT AN UP MOVE TO TARGET OF 74.60. KEEP SL AT 62.50
RCOME Daily - Bearish AB=CD with Inverted Head & Shoulder Buy CMP, SL 80, Target 95.50.
RCOM has likely finished the down move looking at diverging RSI on daily; targeting 140+ However if one more leg of selling happens then 60-65 may be good support zone Correction: End of the dark blue line (projecting equidistant fall from 120 comes to 71.5 in % terms (shown to end just below 60 on this chart is incorrect)