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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 2024-11-11 View latest technical analysis

10 day averaged volume of Reliance Power is 15253110

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	39.50	39.50	39.50	39.50	0.251 times
08 Fri Nov 2024	41.58	41.58	41.58	41.58	0.943 times
07 Thu Nov 2024	43.77	44.70	45.76	43.25	3.488 times
06 Wed Nov 2024	43.59	41.80	43.59	41.50	0.862 times
05 Tue Nov 2024	41.52	42.00	42.50	41.36	0.521 times
04 Mon Nov 2024	42.03	42.50	42.50	40.87	0.91 times
01 Fri Nov 2024	43.03	43.40	43.40	42.67	0.409 times
31 Thu Oct 2024	42.73	42.15	43.20	41.40	0.501 times
30 Wed Oct 2024	41.93	41.00	42.78	40.30	0.652 times
29 Tue Oct 2024	41.08	41.29	41.45	40.00	0.658 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.5, but if it comes above 40.5, then a intra day buy could be more profitable.
If you take a sell trade below 40.5, then use 40.5 as stoploss and 38.7 as target. However if you take a buy trade in stock , then use 40.5 as stoploss and 41.98 as target.

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	28.50
Downside Target	30.10
Downside Target	34.45
Downside Target	37.30
Downside Target	39.50
Upside Target	40.87
Upside Target	43.98
Upside Target	44.35
Upside Target	45.76
Upside Target	45.80
Upside Target	49.70

Intraday share price targets for Reliance Power (RPOWER_BE)

Target Type	Value
Downside Intraday Target	39.5
Downside Intraday Target	39.5
Downside Intraday Target	39.5
Downside Intraday Target	39.5
Downside Intraday Target	39.5

Weekly technical analysis of Reliance Power (RPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	39.50	39.50	39.50	39.50	0.037 times
08 Fri Nov 2024	41.58	42.50	45.76	40.87	2.053 times
01 Fri Nov 2024	43.03	43.20	43.98	40.00	0.549 times
25 Fri Oct 2024	43.20	42.60	44.35	37.30	0.943 times
18 Fri Oct 2024	42.45	43.14	45.80	39.65	0.689 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
11 Mon Nov 2024	39.50	43.40	45.76	39.50	0.314 times
31 Thu Oct 2024	42.73	45.98	49.70	37.30	0.896 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

Scroll below to view daily charts

Price has moved down 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Reliance Power Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 42.7 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 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.