The setup is simple and the pattern is easy to identify. AT 5 day chart the stock moves downtrend then breaks the upper high and moves into uptrend. same pattern is repeating.
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