Reliance Power is Trading Near Fresh 52 Week High.
It Will Enter Into Momentum Zone Once it Crosses 32.5 on Weekly Close Basis.
32.5 Is a Breakout Point for a 6 Year Cup and Handle Breakout.
Over the Past 6 Months Stock is Consolidating in Range 20-30 Creating a Volatility Compression Pattern.
Power Sector Tailwinds.
Promotor Increasing Stake.
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