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Vijayaraghavan

Reliance power short term and mid term view from weekly chart

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RELIANCE POWER (NSE:RPOWER)  
Vijayaraghavan Atualizado   
NSE:RPOWER   RELIANCE POWER
Trend Analysis Chart Patterns Technical Indicators breakout reliancepower RPOWER
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trendanalysis chartpattern indicator breakout reliancepower rpower
Macd line crossover, stochastic turns from oversold region in weekly chart then Macd line crossover in daily chart. These indicators will help to breakout the triangle pattern. Can buy at CMP for the first target range(47-50). If closes above 49.5, it may reach the second target range of (60-63).

Target: 47-50

Stoploss: 38.60 on closing basis.

Vijayaraghavan,
INDITRADE,Kovilpatti.


Trade fechado: stop atingido

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