RPOWER - swing tradeRELIANCE POWER (RPOWER)
We're seeing a significant bullish development on the weekly chart of RELIANCE POWER (RPOWER)! The stock has broken through a major 1/1 Gann angle resistance, signaling a potential trend reversal or continuation.
Key Observations:
Breakout of 1/1 Gann Angle: This is a stro
5.99 INR
−20.68 B INR
74.26 B INR
2.78 B
About RELIANCE POWER LTD.
Sector
Industry
CEO
Neeraj Parakh
Website
Headquarters
Mumbai
Founded
1995
ISIN
INE614G01033
FIGI
BBG000THGRW8
Reliance Power Ltd. develops, constructs and operates power projects both in India and internationally. Its business projects areas include coal, gas, solar power, hydroelectricity, wind power, renewable energy and carbon credits. The company was founded by Dhirubhai Hirachand Ambani on January 17, 1995 and is headquartered in Mumbai, India.
Use of RSI in Advance TradingRSI values are typically used to identify overbought and oversold conditions. A reading above 70 suggests that the asset may be overbought and could be due for a downward correction. On the other hand, a reading below 30 indicates that the asset may be oversold, signalling a potential upward reversa
Reliance powerRpower posted stellar results today after which the stock spide by 9% at market open.
Although there was a slight decline in revenue yoy but the company's net profit increased by 358% percent from last quarter.
This company's financial health is improving steadily and company is focusing on debt red
R-Power Bullish opportunitySince, there is a good flow of news on this stock, let's analyze it from technical standpoint for positional long bet.
In the chart (Weekly):
- We seem to be in primary impulse 3rd wave of which we have created sub impulse waves 1-2-3-4 (colored in yellow)
- The yellow colored 3rd may have either t
RPOWER - VCP & Flag & Pole breakout. Buy above 46.77RPOWER had earlier formed VCP Pattern, followed by Flag and pole breakout.
Rpower had its share of up's and down !! on one side it cleared almost all of its debt and on other hand it got banned by SECI.
Thankfully the co. is out of Ban and they won their biggest order
"RELIANCE POWER SUBSIDIAR
Reliance Power - Fresh UpmoveFresh tailwinds by orders could come to the company..
The company is looking to venture into green power and now the ban has again been removed.
With the company ban not been revoked expect them to get aggressive..
Long at current price with SL below 34.15. A second addition could be done above 4
Stock in Downtrend: Reliance PowerReliance power has been in a downtrend for the past couple of sessions.
MACD Crossover Below Signal Line.
Currently trading near the key support zone of 43 levels, we can expect some upside movement if the 40 levels are retained in the weekly closure.
Support levels: 38, 34, 29
Resistance: 44, 53,
RPOWER -Cup and Handle -Breakout -WklyReliance Power Ltd. (NSE: RPOWER):
Cup and Handle Pattern: It shows a classic cup and handle breakout, a bullish continuation pattern. The neckline resistance of INR 34.40 was broken, pushing the stock higher.
Target: After this breakout, the stock is targeting the next major resistance at INR 68.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RPOWER is 43.44 INR — it has decreased by −0.63% in the past 24 hours. Watch RELIANCE POWER LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange RELIANCE POWER LTD. stocks are traded under the ticker RPOWER.
RPOWER stock has risen by 9.71% compared to the previous week, the month change is a 20.44% rise, over the last year RELIANCE POWER LTD. has showed a 52.42% increase.
RPOWER reached its all-time high on May 30, 2008 with the price of 309.40 INR, and its all-time low was 1.00 INR and was reached on Mar 26, 2020. View more price dynamics on RPOWER chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RPOWER stock is 3.91% volatile and has beta coefficient of 1.97. Track RELIANCE POWER LTD. stock price on the chart and check out the list of the most volatile stocks — is RELIANCE POWER LTD. there?
Today RELIANCE POWER LTD. has the market capitalization of 177.59 B, it has increased by 6.66% over the last week.
Yes, you can track RELIANCE POWER LTD. financials in yearly and quarterly reports right on TradingView.
RPOWER net income for the last quarter is 419.50 M INR, while the quarter before that showed 28.78 B INR of net income which accounts for −98.54% change. Track more RELIANCE POWER LTD. financial stats to get the full picture.
No, RPOWER doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 22, 2025, the company has 7.57 K employees. See our rating of the largest employees — is RELIANCE POWER LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RELIANCE POWER LTD. EBITDA is 17.04 B INR, and current EBITDA margin is 9.80%. See more stats in RELIANCE POWER LTD. financial statements.
Like other stocks, RPOWER shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RELIANCE POWER LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RELIANCE POWER LTD. technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RELIANCE POWER LTD. stock shows the buy signal. See more of RELIANCE POWER LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.