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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)

10 day averaged volume of Reliance Power is 12409346

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	41.85	43.00	43.87	41.26	1.027 times
27 Fri Dec 2024	43.16	45.60	45.62	42.95	0.631 times
26 Thu Dec 2024	44.13	44.44	45.38	44.05	0.505 times
24 Tue Dec 2024	44.44	43.93	45.19	43.55	0.659 times
23 Mon Dec 2024	43.79	44.98	45.47	43.60	0.798 times
20 Fri Dec 2024	44.75	47.80	47.89	44.60	1.28 times
19 Thu Dec 2024	46.92	43.51	47.12	43.01	1.37 times
18 Wed Dec 2024	44.88	46.85	47.24	44.80	0.814 times
17 Tue Dec 2024	46.71	46.99	48.00	46.00	1.08 times
16 Mon Dec 2024	47.23	47.70	48.50	46.50	1.16 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.7 as stoploss in an intra day buy trade for a target of 44.08. However, stock will show a bearish move below 41.7.

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	34.45
Downside Target	37.30
Downside Target	41.26
Upside Target	42.50
Upside Target	43.87
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	40.78
Downside Intraday Target	39.72
Upside Intraday Target	43.39
Upside Intraday Target	44.94
Upside Intraday Target	42.33

Weekly technical analysis of Reliance Power (RPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	41.85	43.00	43.87	41.26	0.396 times
27 Fri Dec 2024	43.16	44.98	45.62	42.95	0.455 times
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

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
30 Mon Dec 2024	41.85	38.70	48.50	37.35	0.878 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 to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Reliance Power ( (RPOWER_BE) ) based on a mid to longer 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.

ADX buy sell signal for Reliance Power stock for short term is SELL. Signal strength is Strong and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Power in short term and SELL signal is strong!

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 45.05 and Reliance Power (RPOWER_BE) 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_BE) stock. Volume based technical analysis of Reliance Power (RPOWER_BE) 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.