HI,
BEL formed a H&D in weekly and after a breakout was consolidating , later after consolidation it has again given a break out which supported my bullish view.
My target for BEL is the distance between the head and the neckline.
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