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.

BhartiArtl for 22 Oct 2020
BhartiArtl for 22 Oct 2020

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 for 22 Oct 2020
Reliance for 22 Oct 2020

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