It is close to 20 EMA and taking its support below which I have set a stoploss that is 295. Target is set to 340 following the trend line also shown in the chart.
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