RPOWERRPOWER Chart Analysis 09/12/24.....
Long : Cmp
add more : 29
Sl : 25 Closing basis
Target : 54 / 79 / 146
Enjoy !
RPOWER trade ideas
Multi Year Break Out Multi Year B/O
Potential Necklace Follow
This is NOT a Buy / Sell Recommendation.
Chart shared for Educational Purpose. Do NOT Copy Trades, it carries default risk.
RPOWER langda ghoda chalega kya ?Green power stock are moving But
Debt 20 k Cr
Market Cap 8 k Cr
ROE minus 11.8% ROCE plus 3.42%
3 years cash flow positive 11 k cr
Daily RSI 52 weekly and monthly above 60
if sustain above 25 then expected level 39
Reliance power #After long Consolation we can get to see a huge brake out and huge profit in the stock
As we can see the stock is ready to move upward as strong brake out
Investors invest for long time up to 1 month
Invest on own risk
RPOWER_11.06.2024Reliance power declared debt free finally. Strong pattern. Next hurdle at 31,37,60.
Therefore targets are similar.
RPOWER ready for a turnaround?The company is reducing debt.
Financials are improving.
FIIs have increased stake.
Momentum looks good with the stock hitting UC in the last couple of sessions. Head and shoulder pattern on weekly chart looks good, with support on 21 levels
Entry - at CMP
SL - 20
Target - 34/52
RPOWER - Reliance Power - An Opportunity to BuyAs per chart history and technical analysis, buying opportunity is being seen. This stock has made new consolidation zone and it is retesting before further upside breakout.
I suggest to take entry at CMP or wait for safe buy point as mentioned on the chart.
Do your own research before any trade plan setup because I am not SEBI registered
Thanks for your suppost as always
RELIANCE POWER LONGTERM INVESTMENTACTIVATED MY ENTRY LEVEL
Can enter at CMP @31.40
or wait for fall & enter @25.30
Targets - 38,50,65+
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
RPOWER: Minor Pullback, Major Potential! 🚀💹Embark on a short-term exploration of RPOWER as we delve into the dynamics of a potential minor pullback, seeking support at an order block, and eyeing a 40 INR target. In this analysis by NEOALGO, we consider the prospect of momentum gaining strength through upside order blocks, presenting a favorable outlook.
This is our personal view and not trading or investing advice. The anticipation of a minor pullback finding support at an order block suggests potential short-term high returns, creating an optimistic scenario.
Exercise caution. NEOALGO is not SEBI registered, and investors should conduct thorough research. Decisions made directly impact potential profit or loss.
Explore the short-term opportunities, consider the potential momentum in RPOWER, and reflect on our optimistic outlook detailed in this analysis. 📊🎯 #RPOWER #ShortTermMomentum #HighReturnOpportunities #PersonalView
#RPOWER may get a bull run in coming years after many obstacles #RPOWER may get a bull run if it wins in the current pattern with a bullish sentiment
Bullish On Power Sector , R Power Reliance Power cmp 30.40 by Weekly Chart views
* Rounding Bottom Neckline at 12 to 13
* Multiple Rounding Bottom Neckline at 17.50 to 18.75
* 25.00 to 26.50 Resistance Zone crossed and Price closed above it
* Upside probable target of approx. +/- 55 - 60 by overall depth of all patterns from now current Support Zone 25 to 26.50 earlier Resistance Zone
Disclaimer Educational Purpose Only
Reliance Power India to target 57.3 after crossing resistanceWeekly chart, Reliance Power stock is trading in an expanding triangle.
After crossing the resistance (blue) line at around 33.1, the target will be 57.3 - passing through some intermediate resistance levels.
Stop loss should be considered after closing below the dashed red line.
Technical indicator MACD is positive, while RSI is in the over-bought zone - which usually indicates a correction is due.
Reliance Power Buy reliance power if closes above 24 (Fibonacci level 61.8%). Volume increases and BO of Bollinger band.
Next target is 33.
This idea is for Educational purpose.
The Least Expected Multi-Bagger - RPowerMulti-baggers are identified in several ways - based on the Sector they operate, based on Management Conviction, Based on the product portfolio, Global Demand etc...
But identifying a Multi-bagger from "Scrap" is extremely difficult, because by that time people would have made solid impressions that its a "Loser", "Worst Performer" etc...
In the business of stock market - we can't afford to have Pre-judgements about particular stock, sector. The only thing that defines growth & future is "Support and Resistance" Levels. When a stock sky-rockets in short time, we call it best performer - without realizing the fact that it is NOT forming any Support levels behind it. (Example: IRCTC, IEX etc...) - Everyone wants a share of the company in FOMO. But when it falls - there is no support to catch it - everyone starts shouting, yelling, cursing the stock as "Worst Performer". Forget Emotions - Trade with understanding how a stock has to Grow & Fall. You will be able to Mine the Multi-bagger
One such Script is RPower (Reliance Power).
2 Major Decisive Breakouts on Monthly
1) Multi-Year Falling Parallel Channel BO above 25
2) Cup and Handle BO above same 25 level
Just look at the Volume Builtup on Monthly to confirm the structure
It has reached the 1st target of 29 (provided as part of previous patterns on September). Now the next Targets are 37, 45
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Megaphone pattern in RPOWERMegaphone pattern in RPOWER as shown by red line in chart. This is a monthly chart. This is very risky stock. I am holding very little quantity only.
This is for educational purpose only.
Rpower boom power industries power industries upcoming month good returns .
some S.cap stocks when retails confuse in market entry small cap stocks boom
Setting up bi in Power Can go for 1:2 in small quantity in P power,Can go for 1:2 in small quantity in P power
💥Reliance Power💥-Nice Breakout💥Reliance Power💥-Nice Breakout
Capital to be deployed- 20k
Investing Price -22-22.50
Breakout Price-22
Stoploss-15
Targets-32-60-81
RT for max reach
#rpower #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews
High Risk pick of the week. RPowerI had recommended this share last year for trading and it has hit the target. Last week again the share has given a up flag breakout. Therefore I am recommending it again. One should note that it's a well beaten company and please take necessary precaution before investing in this stock. I am super impressed with the volume based buying happened in past weeks, hence, I am optimistic about this stock again.
CMP - 19 W (6/8/23)
T - 22, 25 W
SL - 15 W
RPOWER LONG ENTRYSeems like a healthy pullback RPOWER showing a long opportunity. My entry position was seems quite early but giving a better opportunit now with price at good support level, near 50 Day SMA (blue line) accompanied by price up with big volume and down move with negligible volume. Crossing red line that is 200 D SMA could possibly give much more gain.
Disclaimer:
My ideas are not for recommendation purpose. I am just sharing my idea to share with community.
Reliance Power RELIANCE POWER (1D)
CMP 16.45
TRYING BREAKOUT FROM CONSOLIDATION ZONE
One can buy for short term swing trade
Bullish Channel Formation in RPOWER: Buyback PotentialRPOWER has established an expanding channel, currently undergoing testing at the lower boundary. This presents a potential opportunity for a future buyback. We anticipate a price rebound towards the recent swing high observed on the daily timeframe.
RELIANCE POWER - WEEKLY CHART SETUPThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
