Reliance Communications Limited:
After the major correction wave A, wave B is expected up to 32% re-tracement up to Rs. 75 in near short term. Also the stock faces a major support at Rs.65. Should go for long with two lots of February future derivatives of the stock and wait to square the positions around Rs. 75.(i.e: 10x2(4000)= Rs. 80000). [SL: 60]
No comments:
Post a Comment