Wait and watch Reliance Comm: Mitesh Thacker

Mitesh Thacker, Technical Analyst, miteshthacker.com in an interview to ET Now gives his views on R Comm

What is your call on R Comm?

R Comm is a stock, which I have been liking in the last couple of sessions. It has kind of inched up and has not really broken out with some kind of speed but once it get past 85-86, then that’s the level to watch out for today.

If that were to happen on the upside, that kind of breakout, you would see the stock gain good momentum 95 and then probably 98 is the broad range where I think the stock would head towards.