UnknownUnicorn4260559

Rpower : Bullish Engulfing

Long
NSE:RPOWER   RELIANCE POWER
RPOWER is forming bullish engulfing with RSI is showing probable crossover of 30 line. Volume is still average. If counter closes above 4.70 then the pattern will be confirmed.

Strategy 1 : Buy RPOWER if trading at 4.70 or above during 3- 3.25 p.m. with stop loss of 3.95 Target open
Strategy 2 : Those who want one more confirmation can wait for CCI crossover above -100.

Note: Our clients have position in Rpower
Trade active: Counter touch 3.95 but didn't close below it. We have bolded buy position with SL of 3.80. you might have booked at 3.95.

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