RPOWER trade ideas

DipJaiswara

In R POWER their is a rising wage in falling market which is a bearish reversal sign , which indicate that trend will be continue in down side .

DipJaiswara

In R POWER their is a rising wage in a falling market which is indicate that the trend again reverse in down side .

NeeteshJain Updated 

It is been observed on daily and weekly chart that the price action breaks and closes below 40 price levels which was acting as crucial support levels. Now, it shall further move down to the next support levels at around 35-33 levels with few weeks. Regards Target: 35 Stoploss: 41 Risk Reward : 1:2

WaveTalks

Current Price@40.55- 28th Nov2016 It gave 200% down target of the head to neckline distance. Take it & run away from the market. Looking bad below 50

NeeteshJain Updated 

It is been observed that the price action breaks below the previous support levels at 46.25 on daily chart, and now it shall move further down to next support levels. Target: 44.80 Stoploss: 47

NeeteshJain Updated 

After the price action broke out from a channel breakout and descending triangle as marked in purple and blue respectively. Now the price action went down to 46 levels where it completes a Bullish ABCD Pattern. Now the price action shall move towards 50 levels which is a 38.2 retracement level of A-D leg of the said pattern. Target: 50.10 Stoploss: 46 Risk Reward: 1:3

WaveTalks Updated 

Below 50 Mark- There could weakness in Rpower - Head & Shoulder pattern gives a target of 43-44 zone.