1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Reliance Communication

Discussion in 'Technical Analysis' started by praveenbkec, Jun 18, 2013.

  1. praveenbkec

    praveenbkec Member

    Joined:
    Oct 31, 2012
    Messages:
    94
    Likes Received:
    13
    Occupation:
    Software Engineer
  2. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    also, it has touched its upper trendline(yearly). even I would like to know, how this look likes. one more thing, this is a reverse triangle formed. is there any significance of such chart pattern?
     
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Breakout and if you are fine the stop loss of 100, you should be long on this.