Trading in long term SR zone, near upper edge of symmetrical triangle.
Formed positive MACD crossover near zero line
Currently trading near middle of contracting Bollinger Band. Trading for increase in volatility with strict stop loss
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