Check old post to see the set up Reliance communication technical analysis
All given targets were touched 250.
Now as we have seen a week's more movement in the RCOM chart ,It looks more or
less like a triangle can see clear 3 waves in each triangle wave...
Here we have two opportunities (would be) the safest would be to try to buy
it near 185-190 with a stoploss below 180 for a possible 10%upside target.
Another idea which is a risky one would be to try to long one it gives a breakout
above the yellow line,Why risky? Because breakouts in BEAR market usually get sold
nicely.
Regards
Rish
RESEARCH REPORTS
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