RComm can move in 107 range once it gets past 100-101 levels: Mitesh Thacker
"...once RComm gets past levels of 100-101, which were the recent highs, there is possibility that we might actually see extension to the upmove and look for levels in the range of about 107."
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| Updated: In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on RComm and Larsen & Toubro.
On the charts RComm and Larsen & Toubro?
RComm has definitely improved much in the technical set up. If you look at it, once it gets past levels of 100-101, which were the recent highs, there is possibility that we might actually see extension to the upmove and look for levels in the range of about 107 or possibly even 112-113 on the upside. So, this pattern is definitely exciting.
The other one was Larsen & Toubro, it has a very good run up.
On the charts RComm and Larsen & Toubro?
RComm has definitely improved much in the technical set up. If you look at it, once it gets past levels of 100-101, which were the recent highs, there is possibility that we might actually see extension to the upmove and look for levels in the range of about 107 or possibly even 112-113 on the upside. So, this pattern is definitely exciting.
The other one was Larsen & Toubro, it has a very good run up.
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