RIIM is facing a very hard to crack resistance at 71.57.On last trading day closed below its 200 SMA.Concept is if a stock is below is 200 SMA it is under bear threat and above 200 SMA bulls exsit.So investors should not touch this stock.
Traders can use any upmove in this stock for shorting opportunity.For investing 62.5 will be an ideal level to enter.
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