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

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

10 day averaged volume of Reliance Power is 74585440

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 31.32 31.28 32.41 30.30 1.025 times
13 Thu Jun 2024 31.08 33.00 33.11 30.56 2.678 times
12 Wed Jun 2024 31.54 29.70 31.54 29.56 2.019 times
11 Tue Jun 2024 28.68 27.99 28.68 27.15 1.879 times
10 Mon Jun 2024 26.08 25.35 26.75 25.25 0.497 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 31.5, for a target of 28.7 or 26.42

Share price targets for Reliance Power (RPOWER)

Target Type Value
Downside Target 20.60
Downside Target 23.30
Downside Target 23.90
Downside Target 24.40
Downside Target 25.20
Downside Target 27.10
Downside Target 27.40
Downside Target 27.45
Downside Target 28.45
Upside Target 33.11
Upside Target 33.15

Intraday share price targets for Reliance Power (RPOWER)

Target Type Value
Downside Intraday Target 26.68
Downside Intraday Target 22.03
Upside Intraday Target 34.54
Upside Intraday Target 37.75
Downside Intraday Target 29.89

Weekly technical analysis of Reliance Power (RPOWER)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 31.32 25.35 33.11 25.25 4.257 times
07 Fri Jun 2024 25.00 25.75 25.75 23.30 1.385 times
31 Fri May 2024 24.55 26.05 26.20 24.40 1.174 times
24 Fri May 2024 26.60 26.15 27.40 25.90 1.242 times
17 Fri May 2024 26.15 25.15 26.60 23.90 0.877 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Reliance Power (RPOWER)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 31.32 25.75 33.11 23.30 2.024 times
31 Fri May 2024 24.55 27.35 27.45 23.90 3.851 times
30 Tue Apr 2024 27.30 28.45 28.45 27.10 0.028 times
30 Tue Jan 2024 29.95 23.50 33.15 23.30 1.207 times

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

Indicators analysis of Reliance Power (RPOWER)

Indicator Name Indicator Value Indicator Signal
ADX 48, 12, 59 Buy
MACD 2, 0Buy
Stochastics 87Buy
CCI 104Sell
RSI 63Buy
OBV 173847003Sell
VWAP 29Buy
ADL 0Sell
ROC 28Buy
Force Index 0Sell

Price action analysis of Reliance Power ( (RPOWER) ) 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) ) 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) ) 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) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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

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

MRSI is in negative zone. This is the SELL 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 29.25 and Reliance Power (RPOWER) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

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