NSE_EOD:RPOWER   RELIANCE POWER
11 1 2
try to build super trand
Hmm nice chart. But i think its wise to go short on all the power companies. Viz POWERGRID, TATAPOWER, NTPC, etc as the long term downtrend is still intact with the 50 and 200 EMAs pointing down. Even on the above chart of RPOWER its showing a Bearish Engulfing with a rally to a EMA which might be a good shorting opportunity.
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