Reliance to outperform Nifty 15% to 30%

Feb 7

• Reliance trades to Nifty.
  
• Whenever Nifty moves down, it comes to support
  
• Rel/NF has moved past weekly resistance and is now targeting previous weekly highs 15 to 30% up from here
  
• Trade - Long Reliance, Short Nifty Equal size, but large size.
  
• Use this ticker - reliance*2000-nifty_50*250 on TV to track PnL
  

Feb 7

Note

Invalidation is easy, daily close below 13.1, but highly unlikely.

Feb 8

Note

This strategy returned 29.74% today! TV ticker - NSE:RELIANCE*2000-NSE:NIFTY*250

Feb 9

Trade closed: target reached