Stock analysis Reliance Power Limited RPOWER
More indepth analysis on MunafaSutra.com
Recent prices of RPOWER Reliance Power Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 06 Fri Sep 2024 | 30.22 | 29.86 to 31.16 | -2.04% | 0.49 times |
| 05 Thu Sep 2024 | 30.85 | 30.71 to 32.25 | -0.64% | 0.96 times |
| 04 Wed Sep 2024 | 31.05 | 29.26 to 31.05 | 4.97% | 0.57 times |
| 03 Tue Sep 2024 | 29.58 | 29.52 to 30.34 | -1.69% | 0.44 times |
| 02 Mon Sep 2024 | 30.09 | 29.61 to 30.79 | -1.54% | 0.65 times |
| 30 Fri Aug 2024 | 30.56 | 30.33 to 31.27 | -0.03% | 0.69 times |
| 29 Thu Aug 2024 | 30.57 | 30.00 to 31.53 | 0% | 0.91 times |
| 29 Thu Aug 2024 | 30.57 | 30.00 to 31.53 | 0% | 0.91 times |
| 29 Thu Aug 2024 | 30.57 | 30.00 to 31.53 | -2.21% | 0.91 times |
| 28 Wed Aug 2024 | 31.26 | 30.55 to 32.47 | 0.48% | 3.81 times |
| 27 Tue Aug 2024 | 31.11 | 31.11 to 31.11 | -5.01% | 0.14 times |
| 26 Mon Aug 2024 | 32.75 | 32.75 to 32.75 | -5.02% | 0.18 times |
Technical analysis forecast for Reliance Power Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Reliance Power Limited RPOWER at this time. Stock is falling and might fall more.
It appears as if Reliance Power Limited RPOWER gave a large move recently.
Stock of Reliance Power Limited (RPOWER) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Reliance Power Limited is bearish for shortterm, and stock might move down till 29.1 or till 26.4. Use a stoploss of 31.26 and if the stock hits stoploss, then it can shoot up till 33.45