Reliance communication at present levels can give a good trading setup.A fall towards 160 levels should be bought with a stoploss of 155 for a targetof 185-195.Chart shows a steep reaction to resistance at 240-260 which saw stockfalling steeply to 170 level with the kindoff structure in formation nowit looks like a short term bottom is in place hence we have the trading opportunity.This view would be considered wrong if Rcom makes a new low without touching 185.
