Reliance Power share price Today Live Updates : Reliance Power Stock Gains on Positive Trading Day

As per the Technical Analysis, short term trend of Reliance Power share is Bearish and long term trend is Moderately Bearish

Reliance Power share price is at ₹26.11 and is still trading between the key support and resistance levels of ₹25.07 and ₹26.42 on a daily timeframe. If it crosses the support of ₹25.07 then we can expect a further bearish movement. On the other hand if the price crosses 26.42 then it will lead to a bullish movement.

The volume of Reliance Power traded by 11 AM is 33.45% lower than yesterday, while the price is currently at ₹26.01, a decrease of 1.32%. Volume traded, in conjunction with price, is a key indicator for analyzing trends. A price increase accompanied by higher volume suggests a lasting upward trend, whereas a price decrease with increased volume could signal further price declines.

The stock price has been moving between 25.95 and 25.62 levels in the last hour. Traders may want to consider rangebound trading strategies, such as buying near the hourly support at 25.62 and selling near the hourly resistance at 25.95.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Reliance Power share price is at ₹25.91 and is still trading between the key support and resistance levels of ₹25.07 and ₹26.42 on a daily timeframe. If it crosses the support of ₹25.07 then we can expect a further bearish movement. On the other hand if the price crosses 26.42 then it will lead to a bullish movement.

Today, Reliance Power’s stock price increased by 1.13% to reach ₹25.96, while its counterparts are experiencing mixed results. KPI Green Energy is declining, while Jaiprakash Power Ventures, Rattanindia Enterprises, and Nava are showing growth. Overall, the Nifty and Sensex benchmark indices are down by -0.44% and -0.39%, respectively.

The volume of Reliance Power traded until 10 AM is 35.59% lower than yesterday, with the price currently at ₹25.84, down by 0.66%. Volume traded is a crucial indicator, along with price, for analyzing trends. A positive price movement accompanied by higher volume indicates a sustainable upward trend, while a negative price movement with increased volume may signal further price declines.

Reliance Power touched a high of 26.0 & a low of 25.67 in the previous trading hour.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Reliance Power’s stock price increased by 0.58% today to reach ₹25.82, while its counterparts are experiencing mixed results. KPI Green Energy is declining, while Jaiprakash Power Ventures, Rattanindia Enterprises, and Nava are all showing growth. In general, the benchmark indices Nifty and Sensex are down by -0.18% and -0.4% respectively.

Reliance Power share price is at ₹25.85 and is still trading between the key support and resistance levels of ₹25.07 and ₹26.42 on a daily timeframe. If it crosses the support of ₹25.07 then we can expect a further bearish movement. On the other hand if the price crosses 26.42 then it will lead to a bullish movement.

The share price of Reliance Power has dropped by -0.66% and is currently trading at ₹25.50. Over the past year, Reliance Power shares have surged by 111.11% to ₹25.50. In contrast, Nifty has increased by 22.11% to 22302.50 during the same one-year period.

The key support and resistance levels for Reliance Power on the daily timeframe are given below. Please note these support and resistance levels are derived from the classic pivot table.

The trading volume yesterday was 23.13% lower than the 20 day average. Yesterday’s NSE volume was 19 mn & BSE volume was 3 mn.

The stock traded in the range of ₹26.6 & ₹25.25 yesterday to end at ₹25.85. The stock’s continued downtrend suggests a bearish trend is underway.