The stock has broken 3 year resistance level of 550 on 29th January 2021. Every dip can be bought in until the previous resistance level of 550 is broken on the downside.
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