Breakout of price above the base formed over last 3 years(2018 high).
Strength in RSI indicates the continuation of momentum.
The overall metal sector is maintaining the strength compared to Nifty50.
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