Reliance power short term and mid term view from weekly chart
Updated
Macd line crossover, stochastic turns from oversold region in weekly chart then Macd line crossover in daily chart. These indicators will help to breakout the triangle pattern. Can buy at CMP for the first target range(47-50). If closes above 49.5, it may reach the second target range of (60-63).
Target: 47-50
Stoploss: 38.60 on closing basis.
Vijayaraghavan,
INDITRADE,Kovilpatti.
Target: 47-50
Stoploss: 38.60 on closing basis.
Vijayaraghavan,
INDITRADE,Kovilpatti.
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.