Rpower is showing positive divergence on daily chart. If it is a parallel channel, then stock should move up towards 8.30- 8.70 zone. Trader can buy at 5.60-5.80 with stop loss below 4.20 for target of 8.70. It it gives close above 9, then one can expect rally towards 13.
Note : We have buy position in RPower.
BHEL is currently at 136 levels in downtrend...
Trend reversals signals :
Postitive RSI Divergance, Bullish Hammer and Bullish Engulfing Candlestick Pattern indicates that strong uptrend trend will start..
Targets are 140/147/155/168+
Risk Reward is favourable..
Note: Do your own study before making any positions...