Re: [Technical-Investor] R-com - Views Welcome..

 

Hi Krish , Nice Chart, It looks a double bottom formed at 161/162 by RCOM. Earlier bottom was on 12.03.2009 at 131.10. and top at 362 on 11.06.2009. A retracement of 86.2%.I would like to enter with SL at 131.10 earlier bottom for minimum target of 362+ in 4-6 months time frame. Thanks kbr --- On Wed, 11/11/09, Krish. Venkatesh <krish_venkatesh@yahoo.com> wrote: From: Krish. Venkatesh <krish_venkatesh@yahoo.com> Subject: [Technical-Investor] R-com - Views Welcome.. To: Technical-Investor@yahoogroups.com Date: Wednesday, 11 November, 2009, 9:33 PM   Dear Friends, Attached is the EOD chart of R-Com. I found that it took Support @ 161 / 162 (Including today) for the last 7 trading days. Also RSI is Highly over sold. Is it worth to Buy at current Level. Suggestions Welcome.. Thanks and Best Regards, K.Venkatesh

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