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(RPOWER_BE) Reliance Power complete technical analysis [charts+indicators] | Buy/Sell Reliance Power | (RPOWER_BE) share price targets

Complete technical analysis of Reliance Power (RPOWER_BE) by charts plus indicators, forecast predictions and share price targets for Reliance Power (RPOWER_BE)

Showing technical analysis as on 2024-02-12 View latest technical analysis

10 day averaged volume of Reliance Power is 21133617

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	26.15	27.80	27.80	26.15	0.61 times
09 Fri Feb 2024	27.50	29.00	29.00	27.15	0.964 times
08 Thu Feb 2024	28.55	27.70	28.70	27.30	1.305 times
07 Wed Feb 2024	27.35	25.35	27.35	25.35	1.472 times
06 Tue Feb 2024	26.05	26.05	26.70	26.05	0.745 times
05 Mon Feb 2024	27.40	27.40	27.40	27.40	0.742 times
02 Fri Feb 2024	28.80	29.50	29.60	28.55	0.885 times
01 Thu Feb 2024	29.00	30.10	30.10	28.90	0.807 times
31 Wed Jan 2024	29.80	30.05	30.20	29.00	0.999 times
05 Mon Dec 2022	16.05	16.95	16.95	16.00	0.926 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.3 as stoploss in an intra day sell trade for a target of 21.22. However, stock will show a bullish move above 27.3.

Share price targets for Reliance Power (RPOWER_BE)

Target Type	Value
Downside Target	14.90
Downside Target	15.65
Downside Target	16.80
Downside Target	17.40
Downside Target	18.15
Downside Target	25.35
Downside Target	26.15
Upside Target	27.80
Upside Target	29.00
Upside Target	30.10
Upside Target	30.20

Intraday share price targets for Reliance Power (RPOWER_BE)

Target Type	Value
Downside Intraday Target	25.6
Downside Intraday Target	25.05
Upside Intraday Target	27.25
Upside Intraday Target	28.35
Upside Intraday Target	26.7

Weekly technical analysis of Reliance Power (RPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	26.15	27.80	27.80	26.15	0.117 times
09 Fri Feb 2024	27.50	27.40	29.00	25.35	1.445 times
02 Fri Feb 2024	28.80	16.95	30.20	16.00	1.234 times
02 Fri Dec 2022	16.80	16.10	16.80	15.65	1.901 times
25 Fri Nov 2022	16.00	15.60	16.00	14.90	1.306 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Reliance Power (RPOWER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	26.15	30.10	30.10	25.35	7.541 times
31 Wed Jan 2024	29.80	30.05	30.20	29.00	0.414 times
05 Mon Dec 2022	16.05	16.10	16.95	15.65	0.343 times
30 Wed Nov 2022	16.05	16.20	17.40	14.90	1.243 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Reliance Power (RPOWER_BE)

Price action analysis of Reliance Power ( (RPOWER_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Power ( (RPOWER_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Power ( (RPOWER_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Reliance Power stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Reliance Power in short term and the buy signal is strong.

Reliance Power Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Power in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Reliance Power is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 26.78 and Reliance Power (RPOWER_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Reliance Power (RPOWER_BE) stock. Volume based technical analysis of Reliance Power (RPOWER_BE) stock is negative.

Reliance Power Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.