Trading near lower edge of upward sloping channel.
On hrly chart crossed mid of Bollinger with volume
MACD (hrly) already positive.
Taken trade for increased Volatility with SL below channel.
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