Reliance Communication Golden Cross

• Weekly charts shows price trying to break above the weekly cloud and trying to stay above multiple resistance lines
• Daily charts shows two golden crosses. First one did not perform well and ended up as a Head and Shoulders breakdown. This time too there are similar opportunities for bears. But for now its good to stay with the short term trend which is up. One has to look for divergences and price weakness in daily chart and have proper trailing stop losses for longs.
• RCOM LIVE 5 MINUTES CHART WITH AUTO REFRESH

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