Price is travelling in a upward channel currently their is retracement. Also it is in oversold zone in stochastic with positive divergence. Stoploss at Support level.
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