ITC currently is at its demand zone, the stock has been getting multiple supports at range of 200. Also a minor divergence can be seen in RSI and RSI is currently around 30 which makes it a good buying opportunity.
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