Get started
Vijayaraghavan

Reliance power short term and mid term view from weekly chart

Long
RELIANCE POWER (NSE:RPOWER)  
Vijayaraghavan Updated   
NSE:RPOWER   RELIANCE POWER
Trend Analysis Chart Patterns Technical Indicators breakout reliancepower RPOWER
1
2
trendanalysis chartpattern indicator breakout reliancepower rpower
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

Related Ideas

Vijayaraghavan
Manappuram Finance short term view
Vijayaraghavan
OFSS Short term view
Vijayaraghavan
Ajantha pharma short term view
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.