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RCOM Chart Analysis - 28 Feb 2014
In given RCOM's weekly chart, probable EW counts is given. Probably wave 2 ended at 106.75, if not then time to come will guide us where we are heading.
Hammer pattern is formed in RCOM's week and daily time frame and hence expecting reversal and as per EW counts, may be we can expect 3rd wave to start in upside.
In given RCOM's daily chart, probable EW counts is given. Probably wave 2 ended at 106.75, if not then time to come will guide us where we are heading. Probable scenarios are given in the daily chart.
In 60 mins time-frame, +ww pattern can be observed which already triggered.
Labels:
+WW Pattern,
EW Counts,
Hammer Pattern,
Nifty & Equities,
RCOM
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