November 6, 2014

RELIANCE Power Chart analysis

 
  • Reliance power has given a bearish engulfing at 200 Day SMA
  • For bulls of this stock price need to stay above 50 Day SMA.
  • Week if confirms a bearish candle below 20 week sma, stock may fall towards 69 levels again. Hope for bulls only above 200 Day SMA. 
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1 comment:

  1. Rahul SolankiNovember 6, 2014 at 3:37 PM

    This chart pattern can show the movement of market and up and down share position. I am sharing this information to all my friends and profit them.

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