Stock id trading under the parallel channels and has recently taken support from the base. The recent Bullish trend can be confirmed with the positive MACD crossover and Parabolic Sar. This stock should behold for the next 3-4 weeks
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