Dhanvarsha is still firm and advising exit / sell call on RCOM...

Reality of Credit Suisse report ....

Credit Suisse also raised its rating on Reliance Communications (RCom) to ‘neutral’ from ‘underperform’ and increased its price target for the stock to Rs 185 from Rs 150. RCom shares gained 2.82 per cent at Rs 193.25.

12 month target 185 and not  todays target  and operators are trying to encash it for today ...

Credit Suisse analysts have raised their FY11 earnings-per-share (EPS) estimate for Idea and RCom by 100 per cent and 7 per cent, respectively. 

RCOM EPS    7%   

so what is good in it ???????/

Source ,,,http://www.business-standard.com/india/news/telecom-stocks-surgecredit-suisse-upgrade/400961/

so better to educate yourself . read the news  don't flow in emotions, don't here your brokers advise ...either you pick up the  high and low of markets  or subscribe  the nice service...

Have u heard the story of rabbit and tortoise...???

Same I am observing here...

We believe in democracy means game of numbers....in this chart you can see the ratio of green and red candle is 1 : 4 so i think end result will be in favour of  red candles. it 

Same thing is happening in daily chart ...Looking as head and shoulder pattern is developing  macd slow and fast moving towards downward direction.... momentum is decreasing rapidly ...RSI when ever reflected from 70 generally moves to 30 or below...
if RCOM is making head and shoulders pattern  then will u able to calculate the lower level.????

And see what happened after head and shoulder in past 

Chakraview...insight is here please read all related links 

http://dhanvarshagrp.blogspot.com/2010/07/exit-from-rcom-its-fair-price-is-130-to.html

and if u r still having courage to hold it please hold t But 

Dhanvarsha is still firm and advising exit / sell call on RCOM... 

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