Vijayaraghavan

Reliance power short term and mid term view from weekly chart

Long
NSE:RPOWER   RELIANCE POWER
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.


Trade closed: stop reached

Comments

Sir i am holding r power 3000@63 what is your suggestion?
Reply
@paresh1c, Are u a trader or investor?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About 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 Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out