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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 2024-12-20 View latest technical analysis

10 day averaged volume of Reliance Power is 16909492

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	44.75	47.80	47.89	44.60	0.94 times
19 Thu Dec 2024	46.92	43.51	47.12	43.01	1.006 times
18 Wed Dec 2024	44.88	46.85	47.24	44.80	0.597 times
17 Tue Dec 2024	46.71	46.99	48.00	46.00	0.792 times
16 Mon Dec 2024	47.23	47.70	48.50	46.50	0.852 times
13 Fri Dec 2024	47.45	46.60	48.00	44.55	1.249 times
12 Thu Dec 2024	46.24	46.24	46.24	45.72	1.463 times
11 Wed Dec 2024	44.04	45.30	45.30	43.90	0.706 times
10 Tue Dec 2024	44.86	44.80	45.15	42.50	1.156 times
09 Mon Dec 2024	44.39	45.39	45.94	43.50	0.843 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 46.4 as stoploss in an intra day sell trade for a target of 42.6. However, stock will show a bullish move above 46.4.

Share price targets for Reliance Power (RPOWER_BE)

Target Type	Value
Downside Target	19.40
Downside Target	25.50
Downside Target	28.50
Downside Target	33.30
Downside Target	34.25
Downside Target	36.00
Downside Target	37.30
Downside Target	40.02
Downside Target	42.50
Upside Target	45.25
Upside Target	45.76
Upside Target	48.00
Upside Target	48.50
Upside Target	49.70

Intraday share price targets for Reliance Power (RPOWER_BE)

Target Type	Value
Downside Intraday Target	42.34
Downside Intraday Target	39.93
Upside Intraday Target	47.83
Upside Intraday Target	50.91
Upside Intraday Target	45.42

Weekly technical analysis of Reliance Power (RPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	44.75	47.70	48.50	43.01	0.773 times
13 Fri Dec 2024	47.45	45.39	48.00	42.50	1.239 times
06 Fri Dec 2024	44.49	38.70	45.25	37.35	1.025 times
29 Fri Nov 2024	38.70	35.93	40.02	34.25	1.307 times
22 Fri Nov 2024	35.05	35.93	36.00	33.30	0.657 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
20 Fri Dec 2024	44.75	38.70	48.50	37.35	0.738 times
29 Fri Nov 2024	38.70	43.40	45.76	33.30	0.894 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

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is gaining momentum.

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

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. 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 buy signal for Reliance Power in short term and BUY 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

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 45.87 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.