RPOWER - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis for RPOWER (Reliance Power Ltd.)

Technical Rating: 2.8

📈 Trend Overview

Current Price: ₹56.2

50 DMA / 200 DMA: ₹59.8 / ₹47.5 — price is below short-term average, but above long-term, indicating loss of momentum in a prior uptrend.

RSI (36.6): Bearish zone — approaching oversold territory.

MACD (-1.55): Bearish crossover — confirms downward momentum.

Volume: Significantly above average — suggests active selling pressure.

Conclusion: The stock is consolidating with a bearish bias, and may be entering a reversal phase if support breaks.

🔍 Chart Patterns & Indicators

Bollinger Bands: Price near lower band — oversold conditions, potential bounce if support holds.

Support Levels: ₹54.0 (recent base), ₹50.5 (stronger support)

Resistance Levels: ₹59.8 (50 DMA), ₹63.5 (minor swing high)

Trendlines: Descending — no breakout pattern visible.

🚀 Momentum Signals

Short-Term Signal: Weak bearish momentum; RSI and MACD suggest caution.

Volume Trend: High volume on decline — indicates distribution phase.

🎯 Entry & Exit Zones

Action Price Zone Rationale

Entry (Buy) ₹54.0–₹56.0 Near support, oversold conditions

Exit (Sell) ₹59.8–₹63.5 Resistance zone, potential rejection

📉 Market Sentiment & Fundamentals

FII Holding ↓, DII Holding ↑ — mixed institutional sentiment.

Quarterly PAT ↓ — sharp decline from ₹126 Cr. to ₹44.7 Cr.

ROE (-1.08%) — negative return on equity, signaling inefficiency.

Debt-to-Equity (0.93): High leverage — risk factor.

Dividend Yield: Nil — no income cushion for investors.

🧭 Final Take

RPOWER is consolidating with signs of bearish pressure and possible trend reversal. Traders may consider short-term range-bound strategies with tight stop-losses, while investors should wait for technical confirmation or fundamental improvement.

Want to explore how this compares with other power sector stocks or dive into its debt profile?

Edit in a page