Reliance Power share price Today Live Updates : Reliance Power Stock Surges in Trading

Reliance Power share price is at ₹27.66 and is still trading between the key support and resistance levels of ₹27.32 and ₹27.77 on a daily timeframe. If it crosses the support of ₹27.32 then we can expect a further bearish movement. On the other hand if the price crosses 27.77 then it will lead to a bullish movement.

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

The trading volume of Reliance Power until 2 PM has increased by 23.51% compared to yesterday, while the price is currently at ₹27.68, showing a 0.62% increase. Volume traded, in conjunction with price, is a key indicator for analyzing trends. A rise in price accompanied by higher volume indicates a potential sustained upward trend, while a drop in price with increased volume could signal further price declines.

Reliance Power reached a peak of 27.81 and a low of 27.65 in the previous trading hour. In the last hour, the stock price dropped below the hourly support of 27.7 (Support level 1), suggesting a bearish sentiment. Traders may consider reducing long positions and monitoring for additional support levels at 27.59 and 27.49.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Reliance Power share price is at ₹27.75 and is still trading between the key support and resistance levels of ₹27.32 and ₹27.77 on a daily timeframe. If it crosses the support of ₹27.32 then we can expect a further bearish movement. On the other hand if the price crosses 27.77 then it will lead to a bullish movement.

The trading volume of Reliance Power until 1 PM has increased by 17.23% compared to yesterday, while the price is at ₹27.89, showing a 1.38% increase. Volume traded, in conjunction with price, is a key factor in analyzing trends. A rise in price accompanied by higher volume indicates a sustainable upward trend, whereas a decrease in price with higher volume could signal further price declines.

Reliance Power reached a peak of 27.9 and a low of 27.69 during the previous trading hour. In the last hour, the stock price surpassed the hourly resistance at 27.87 (Resistance level 1), suggesting bullish momentum.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Reliance Power stock’s low price today was ₹27.51 and the high price was ₹28.12.

The volume of Reliance Power traded by 12 AM is 22.27% higher than the previous day, with the price trading at ₹27.76, up by 0.91%. Analyzing both volume and price is crucial in understanding market trends. A positive price trend supported by increased volume indicates a sustainable upward movement, while a negative price trend with higher volume may suggest further price declines.

The stock price has been moving between 28.1 and 27.52 levels in the last hour. Traders may want to consider rangebound trading strategies, such as buying near the hourly support at 27.52 and selling near the hourly resistance at 28.1.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

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

Reliance Power share price is at ₹27.75 and is still trading between the key support and resistance levels of ₹27.32 and ₹27.77 on a daily timeframe. If it crosses the support of ₹27.32 then we can expect a further bearish movement. On the other hand if the price crosses 27.77 then it will lead to a bullish movement.

The trading volume of Reliance Power has increased by 20.39% compared to yesterday, reaching ₹27.82, up by 1.13%. Analyzing both the volume and price is crucial to understanding market trends. A rise in price accompanied by higher trading volume indicates a sustainable upward trend, while a decrease in price with increased volume could signal further price declines.

Reliance Power reached a peak of 28.12 and a bottom of 27.54 in the last trading hour. During that time, the stock price exceeded both the hourly resistances at 27.67 and 27.78, suggesting a strong bullish sentiment. Traders may want to think about using trailing stop losses to safeguard their profits.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Reliance Power share price is at ₹27.75 and is still trading between the key support and resistance levels of ₹27.32 and ₹27.77 on a daily timeframe. If it crosses the support of ₹27.32 then we can expect a further bearish movement. On the other hand if the price crosses 27.77 then it will lead to a bullish movement.

The stock price of Reliance Power increased by 1.34% today, reaching ₹27.88, while its peer companies are experiencing mixed results. KPI Green Energy is declining, whereas Jaiprakash Power Ventures, Rattanindia Enterprises, and Nava are all seeing gains. In general, the benchmark indices Nifty and Sensex are down by -0.09% and -0.29% each, respectively.

The volume of Reliance Power traded by 10 AM is down by 23.23% compared to yesterday. The stock is currently trading at ₹27.78, showing a decrease of 0.98%. Volume traded is a crucial factor, along with price, for analyzing trends. A positive price movement accompanied by increased volume indicates a sustainable upward trend, while a negative price movement with higher volume could signal further price declines.

Reliance Power touched a high of 27.7 & a low of 27.51 in the previous trading hour.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Today, Reliance Power’s share price rose by 0.36% to reach ₹27.61, outperforming its peers. While KPI Green Energy and Rattanindia Enterprises are experiencing a decline, Jaiprakash Power Ventures and Nava are witnessing an upward trend. The benchmark indices Nifty and Sensex are relatively stable, with gains of 0.1% and 0.04% respectively.

Reliance Power share price is at ₹27.65 and is still trading between the key support and resistance levels of ₹27.32 and ₹27.77 on a daily timeframe. If it crosses the support of ₹27.32 then we can expect a further bearish movement. On the other hand if the price crosses 27.77 then it will lead to a bullish movement.

The share price of Reliance Power has increased by 0.47% and is currently trading at ₹27.64. Over the past year, Reliance Power shares have surged by 131.09% to reach ₹27.64. In contrast, the Nifty index has risen by 27.02% to 22570.35 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 38.73% lower than the 20 day average. Yesterday’s NSE volume was 17 mn & BSE volume was 2 mn.

The stock traded in the range of ₹27.8 & ₹27.44 yesterday to end at ₹27.58. Following a strong uptrend, the stock is indicating signs of a reversal.