The stock has given a breakout from triangle pattern with healthy green candle and good volumes. It also formed a doji at bottom trendline and the immediatle candle gave a confirmation of trend reversal. It is also trading above its 200 DMA.
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