Trade:

Source: Chartalert.com

What happened prior to Trade set-up?

Reliance registered a Gap-up opening on 19.Oct.2015 above 200 dma
Reliance pulled back to 200 dma by 18th Nov and bounced back.
Reliance once again pulled back to 200 dma on 09 Dec. It was a double dip decline to 200 dma.

This triggered a trade: Long Reliance at 200 dma on 09.Dec.2015

Trade Progress: The stock is up 17% since then. 

The above article is purely for educational purpose.