Reliance power short term and mid term view from weekly chart

Macd line crossover, stochastic turns from oversold region in weekly chart then Macd line crossover in daily chart. These indicators will help to breakout the triangle pattern. Can buy at CMP for the first target range(47-50). If closes above 49.5, it may reach the second target range of (60-63).

Target: 47-50

Stoploss: 38.60 on closing basis.

Vijayaraghavan,
INDITRADE,Kovilpatti.

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