RCOM is now near a major support of 46-49 range, a support at which RCOM has taken support previously at least 4-5 times. Going LONG at CMP of 49 with a strict SL of 46 gives a good RR of 1:4.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.