Shows a nice support from the pivot pine at 587. With boost in pharma sector and post covid there can be more surge to it. Even the RSI is down and MACD seems to show a reversal. It needs to cross 620.
Rationale behind this trade
OPEN
RELIANCE
(Enter above 2117.0)
2000
-5.53%
Current
2150
Target
2000
Stoploss
2117
Entered
(21/01/2021 13:15:00)
Recommended on 21-01-2021 13:08:00 and valid till 21/02/2021