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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 2024-10-24 View latest technical analysis

10 day averaged volume of Reliance Power is 22596254

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	42.36	41.08	42.36	40.80	0.55 times
23 Wed Oct 2024	40.35	37.30	40.35	37.30	0.726 times
22 Tue Oct 2024	38.43	40.36	41.00	38.43	0.818 times
21 Mon Oct 2024	40.46	42.60	42.95	40.32	0.714 times
18 Fri Oct 2024	42.45	40.51	43.00	39.65	1.071 times
17 Thu Oct 2024	41.74	43.78	43.90	41.74	0.688 times
16 Wed Oct 2024	43.94	44.37	44.37	42.75	0.684 times
15 Tue Oct 2024	44.37	43.94	44.55	42.20	0.762 times
14 Mon Oct 2024	43.53	43.14	45.80	43.14	1.061 times
11 Fri Oct 2024	44.23	45.82	45.89	44.23	1.166 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 45.6 as stoploss in an intra day sell trade for a target of 37.83. However, stock will show a bullish move above 45.6.

Share price targets for Reliance Power (RPOWER_BE)

Target Type	Value
Downside Target	19.40
Downside Target	22.30
Downside Target	25.50
Downside Target	26.95
Downside Target	28.50
Downside Target	30.10
Downside Target	32.75
Downside Target	34.45
Downside Target	37.30
Downside Target	39.65
Upside Target	42.95
Upside Target	45.80
Upside Target	49.70

Intraday share price targets for Reliance Power (RPOWER_BE)

Target Type	Value
Downside Intraday Target	38.79
Downside Intraday Target	35.22
Upside Intraday Target	44.44
Upside Intraday Target	46.52
Downside Intraday Target	40.87

Weekly technical analysis of Reliance Power (RPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	42.36	42.60	42.95	37.30	0.658 times
18 Fri Oct 2024	42.45	43.14	45.80	39.65	0.689 times
11 Fri Oct 2024	44.23	28.50	49.70	27.40	1.67 times
19 Fri Apr 2024	28.05	26.50	28.70	25.50	0.565 times
12 Fri Apr 2024	27.35	32.75	32.75	26.95	0.957 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
24 Thu Oct 2024	42.36	45.98	49.70	37.30	0.718 times
22 Mon Apr 2024	28.15	28.85	34.45	25.50	1.482 times
28 Thu Mar 2024	28.25	24.45	28.50	19.40	0.923 times
29 Thu Feb 2024	24.20	30.10	30.10	22.30	13.85 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Reliance Power ( (RPOWER_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Reliance Power ( (RPOWER_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Reliance Power in short term but the sell signal is initial and weak.

Reliance Power Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Power in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.32 and Reliance Power (RPOWER_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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 has given negative 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.