indiamarketoutlook
Long

RPower: support zone & breakout retest confirmation {Bullish}

NSE:RPOWER   RELIANCE POWER
RPower
CMP 48.50

Last time, we were able to capture the stock movement right from 36.80 levels to 62 levels where we highlighted the zone of 58-62 being important

 
The stock has come down exactly from same levels...

At current levels the charts suggest the stock is back at important support levels & zone of 45-48 may act as strong support ...

Buying at current levels & on dips towards 45 can be considered

Target 82 / 108 levels

Take care & safe trading..!!!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out