Saturday, November 29, 2008

>Reliance communication Technical view

Reliance communication looks good on chart
Though volumes are missing to second this view

Elliott view

October low saw termination of 3rd wave
and from there we are witnessing 4th wave

we have two scenario this could be a triangle or a flat
This view holds good if Rcom holds 180.
First target would be 212 and if 212 holds rcom
would target 240-250.

Nifty holds the key if 2860 is taken out stocks would see
sleek rally.

RESEARCH REPORTS

3 comments:

winnayakan said...

kindly send updates like this frequently

krishna said...

rcom 207.80 todays high....almost near to 212 ie first tgt...........cheers ....thanks rish sir.............

krishna said...

rcom did 212 today.......cheersssssssssssssssss.....

thanks rish sir

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