[Technical-Investor] R-com Update.

 

Hi All, As per My Previous email about R-Com, Here is my Update for the Same. Please find attached the Eod & Hourly chart for R-com. As Per EOD - MACD / Zero Log Indicator has given a Clear Buy Signal. Also Hourly chart has given a Clear Head & Shoulder Break Out. But it seems, Hourly chart is Highly Over bot and may consolidate a little bit and may continue its Upmove. Since ICICI Pru and many others are given Positive Statement about Telecom stocks, I hope its a Healthy stock to accumulate at current market condition, Cheers.... Thanks and Best Regards, K.Venkatesh

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