11.50 To 12.50 crucial level for reliance power weekly closing basis . promoters is increasing their stake is good thing , a section is highly optimistic about this stock ,
watchout level of RSI as well . ONE may add near these level with stop loss of 11.10
Fundamentals-
RPOWER has shown a turn around in it's balance sheet by repaying it's loan. Repayment has been made using the cash flow from operation and not by selling it's assets. There has been increase in the promotor shareholding as well, though it remains low overall. Even is the operational revenue remains same the company can be expected to recover from...
RPOWER is part of RELIANCE GROUP CO ... Reliance power has been established to develop, construct and operate power project in india and internationally. stock has potential multibagger if quarter performance and margin improves further, technically weekly chart shows some sign of Bullish indicators potential around 20-30% upside in next 3-4 months.
TECHNICAL...
Potential Opportunity as Swing Trade in NSE:RPOWER and also predicting positive for long term investment.
SWING TRADE - RISK TO REWARD - 1:2
ENTRY - 13.75
TARGET - 15.75
STOP LOSS - 12.75
This is for Educational Purpose only, please apply your prudence & consult your adviser before any investing.
#nse #swingtrade #nifty #rpower #reliancepower #reliance...
#ATGL
ADANI TOTAL GAS Ltd.
NSE:ATGL
NSE:ATGL
Risky but could be a great trade
RR Ratio > 2.5
CMP: 1501
Target 1940 almost 30%
SL: 1326
Time < 6Months
Others:
NSE:ADANIPORTS
NSE:ADANIPOWER
NSE:ADANITRANS
NSE:ADANIENT
NSE:ADANIGREEN
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern...
HUGE upmove expected if it gives monthly close above BO line.
upmove above 14.75. target 28 - 35- 45
should stay above 11.95 or below that it can test 10 - 8.
Buy Rpower at cmp 13.35 stop loss 12.40 target 26. It's penny stock and keeps hitting LC and UC. So risk is too high.
Disc : It's not an investment advice to buy or sell.
Weekly Chart
#POWERGRID
NSE: POWERGRID
Short Term Quick Profit
CMP 236.25
Target : 258
SL : 226
Timeframe < 30 Days
Can hold for longer time
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is a lot more
This might take around 9-12 months from now.
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher...
Consolidation after breakout from multi weeks resistance is now moving into new phase. Upmove is likely to get restart in next 1-2 session.
Disc : I have position in stock . It's not an investment advice to buy or sell
Target @ 11.5
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits...
note
1) price is at neck line and a resistance zone
2) risk reward is favourable
3) Inverse head and shoulder
4) Kind of flag formation near resistance zone
