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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)

Reliance Power trades in NSE in Electric Utilities sector.

10 day averaged volume of Reliance Power is 26837426

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 4.40 4.50 4.60 4.20 0.923 times
13 Tue Apr 2021 4.50 4.25 4.55 4.15 1.312 times
12 Mon Apr 2021 4.35 4.60 4.65 4.35 1.384 times
09 Fri Apr 2021 4.80 4.90 4.95 4.75 0.571 times
08 Thu Apr 2021 4.90 4.95 5.10 4.80 0.935 times
07 Wed Apr 2021 4.85 5.05 5.10 4.80 1.231 times
06 Tue Apr 2021 4.95 4.95 4.95 4.75 1.393 times
05 Mon Apr 2021 4.75 4.75 4.75 4.55 1.478 times
01 Thu Apr 2021 4.55 4.40 4.55 4.40 0.154 times
31 Wed Mar 2021 4.35 4.50 4.55 4.35 0.845 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.5, but if it comes above 4.5, then a intra day buy could be more profitable.
If you take a sell trade below 4.5, then use 4.5 as stoploss and 4.2 as target. However if you take a buy trade in stock , then use 4.5 as stoploss and 4.66 as target.

Share price targets for Reliance Power (RPOWER)

Target Type Value
Downside Target 2.40
Downside Target 3.00
Downside Target 3.55
Downside Target 3.80
Downside Target 3.90
Downside Target 4.10
Downside Target 4.25
Downside Target 4.35
Upside Target 4.55
Upside Target 4.65
Upside Target 4.80
Upside Target 4.95
Upside Target 5.10
Upside Target 5.40
Upside Target 5.60

Intraday share price targets for Reliance Power (RPOWER)

Target Type Value
Downside Intraday Target 4.15
Downside Intraday Target 3.9
Upside Intraday Target 4.65
Upside Intraday Target 4.9
Downside Intraday Target 4.4

Weekly technical analysis of Reliance Power (RPOWER)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 4.40 4.60 4.65 4.15 0.645 times
09 Fri Apr 2021 4.80 4.75 5.10 4.55 3.306 times
01 Thu Apr 2021 4.55 4.80 4.80 4.35 0.273 times
26 Fri Mar 2021 4.70 4.35 4.95 4.25 0.904 times
19 Fri Mar 2021 4.35 5.20 5.40 4.35 0.748 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
15 Thu Apr 2021 4.40 4.40 5.10 4.15 0.262 times
31 Wed Mar 2021 4.35 4.45 5.60 4.10 2.554 times
25 Thu Feb 2021 3.90 3.30 3.90 3.05 4.21 times
09 Mon Nov 2020 3.10 3.50 3.55 3.00 0.137 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)

Indicator Name Indicator Value Indicator Signal
ADX 21, 31, 20 Sell
MACD 0, 0Sell
Stochastics 21Sell
CCI -77Buy
RSI 51Buy
OBV -34858919Sell
VWAP 5Sell
ADL 0Sell
ROC -3Sell
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 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 to mid 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) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 buy signal for Reliance Power in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 4.65 and Reliance Power (RPOWER) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.

Click here for Reliance Power charts

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Daily charts

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