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indiamarketoutlook

RPower: support zone & breakout retest confirmation {Bullish}

Long
RELIANCE POWER (NSE:RPOWER)  
indiamarketoutlook  
NSE:RPOWER   RELIANCE POWER
Trend Analysis Chart Patterns Bullish Patterns retest-structure breakoutretest
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0
trendanalysis chartpattern bullish retest-structure breakoutretest
RPower
CMP 48.50

Last time, we were able to capture the stock movement right from 36.80 levels to 62 levels where we highlighted the zone of 58-62 being important

Rpower: At 2 yr support level...if held could be very bullish !!

Rpower: At 2 yr support level...if held could be very bullish !!

The stock has come down exactly from same levels...

At current levels the charts suggest the stock is back at important support levels & zone of 45-48 may act as strong support ...

Buying at current levels & on dips towards 45 can be considered

Target 82 / 108 levels

Take care & safe trading..!!!

Idées en relation

indiamarketoutlook
Rpower: At 2 yr support level...if held could be very bullish !!
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