indiamarketoutlook
Long

Rpower; Trading at channel support

NSE:RPOWER   RELIANCE POWER
Rpower
Cmp 30.90

- on an hourly chart the stock is trading near channel support

- channel trade set up target is around 35-36 odd levels

- stop loss if closing below 29.75

Risk :: Reward ratio looks favorable to go long

Take care & safe trading...!!!

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