Reliance and Bhartiartl for 22 Oct 2020

Today I have two stocks to trade with. Reliance and BhartiArtl. Trendlines suggests both are having a buying opportunity today if it’s a positive opening. If the supports are broken then there are small trades that can be captured.

The support for Bhartiartl is the trendline where yesterday I mentioned for buying and it gave easy 15 points. Being in an uptrend shorting isn’t suggested anywhere. Buying around support is highly recommended with a small stop loss.

Reliance seems to moving in a down channel. Presently at the lower trendline. It is good to actually short on upper side.