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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 79140066

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 29.87 30.78 31.16 29.75 0.48 times
20 Thu Jun 2024 30.64 30.82 31.71 30.50 0.415 times
19 Wed Jun 2024 30.83 31.24 31.98 29.83 0.644 times
18 Tue Jun 2024 30.96 32.05 32.30 30.86 0.545 times
14 Fri Jun 2024 31.32 31.28 32.41 30.30 0.966 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 30.1 as stoploss in an intra day sell trade for a target of 27.28. However, stock will show a bullish move above 30.1.

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 27.45
Downside Target 28.45
Downside Target 29.75
Upside Target 32.30
Upside Target 33.11
Upside Target 33.15

Intraday share price targets for Reliance Power (RPOWER)

Target Type Value
Downside Intraday Target 28.98
Downside Intraday Target 28.09
Upside Intraday Target 31.53
Upside Intraday Target 33.19
Upside Intraday Target 30.64

Weekly technical analysis of Reliance Power (RPOWER)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 29.87 32.05 32.30 29.75 0.273 times
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

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)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 29.87 25.75 33.11 23.30 2.471 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 31, 18, 27 Buy
MACD 2, 2Buy
Stochastics 71Buy
CCI 21Sell
RSI 66Buy
OBV -10527922Sell
VWAP 30Sell
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Reliance Power ( (RPOWER) ) 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) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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.

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.

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 coming down

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

Although the stock is in the SELL zone, but selling 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 30.26 and Reliance Power (RPOWER) 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) 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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