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Swati
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| 18 March 2011, 00:17:22 |
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Source :- http://freecashmarkettips.blogspot.com/
RCOM (Reliance Communications Ltd.)
BUY ABOVE 107.70 Stop Loss 106.70 Target 108.85 – 110.50
After making a low of 96.65 it is continuously moving in
an upward trend, in today's trading session it made a
high of 107.50 and manages to trade and close above
the 10 days and 50 days moving averages. It is looking
strong on charts; if it breaks the resistance level of 108 it
would be in a bullish trend else it has support at 104.
One can go for long position in it for the target of 110.
RESISTANCE – 110.50 , SUPPORT
- 106.70 |
