Reliance power short term and mid term view from weekly chart
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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
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paresh1c
Sir i am holding r power 3000@63 what is your suggestion?
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Vijayaraghavan
paresh1c
@paresh1c, Are u a trader or investor?
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