May 27, 2014

RCOM Chart Analysis

  • Reliance communication has its 38.2% Fib level and 5 Day Low EMA around 135 levels.
  • 135 levels is also a previous resistance zone which is trying to give support.
  • Bigger weakness for the stock only if price starts to trade below 38.2% Fib level on closing basis.
  • DLF WEAKNESS AT GOLDEN RATIO
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