RELIANCE POWER - RPOWER(NSE) has been forming a Bullish Pennant since August 2021, when viewed in a 3hr chart. A long candle cutting the upper boundary of the pennant(green line) can be a good buy signal. Watch out thoroughly for a month or so for a breakout.
It's good cup and handle pattern I expect good move if it's breakon upside,
After a long consolidate movement ,reliance power looking bullish,hope it will give good positive movement ,one can takecan long position in it.
When it comes to wealth destruction this particular stock has made records. Reliance Power NSE:RPOWER opening price on the day of listing was 341. Sadly, It never achieved the same price since 2009. In the Stock Markets - "Sabka Time aata hai". This stock has been in one-digit lines from April 2019 to June 2021. It has been consolidating nicely since then. The...
Reliance Power is forming ABCD Pattern on Weekly charts. Current Value of stock is 15 Rs. Its Target for 4-5 months can be 30 Rs. Only resistance stock can face is 18.15 rs. If trade above 18.15 then stock can see 27 and then 30 is immediate target
Earlier buy of 3.8 did high of 18. Its a buy again at 12 for target of 27-29
BUY ON DIPS. BEST BUY RANGE WOULD BE PREVIOUS RESISTANCE ZONE
Reliance Power CMP - 4.70 Looking bullish in higher time frame. One can go for Long Term Investment with the following entry, exit & targets. Buy Range 4 - 5 / Stop Loss 3 Target 1 - 8 Target 2 - 11 Target 3 - 25 Disclaimer: This is my view and for educational purpose only.
Need bigger laptop for this one can't fit on my screen!! hahaha alright looking at possible IH&S forming redone is acting as resistance once we break it will run hard I understand some think this Targets are unachievable, they are outrageous well see for yourself it is down 300% isn't it? so why can't it go up 300%?! I majorly trade on crypto & this kind of...
RPOWER sell initiate for 21 Nov 2018 using 1 hour chart based on Fibonacci levels, check below Sell level : Sell Below : 30.35 Stop Loss : 30.85 Target : 30.05
BUY Reliance Power for TARGET 42-47 CMP 28
Buy above 50.65 target for buy 64.70 sell below 40.80 target for the sell 27.01 SL for the buy 40 SL for the sell 64
NSE:RPOWER is under consolidation with strong support at 37.70-38 CMP - 39.70 Buy in the range 37.70- 38.00 SL 37.30 Target - 40 / 43