On Hourly Chart, the Script has shown support at 1390levels, which also marks the ABC correction of the previous rally to 1175levels.
Immediate target has been kept at 1500levels.
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