Return of the Reliance Power with other Stocks

Reliance Power was written off, Debt ridden , loss making company , i was tracking it , when it reached the price level of Rs2, i was wondering what kind of the person , who is buying at that level , when Reliance power upside break out happened at Rs14, i placed an buy order in Kite , but that was not allowed , My study was based on TA , i am not a Fundamentalist , as many people related to stock market says , first the price action happens first and then the news follows , same thing happened in case of Reliance power , Now RP is getting multiple business orders , winning contracts and started making profit , story is like that of " Return of the JEDi" :slightly_smiling_face:. Now the RP is at 2nd Breakout , hopefully RP will be Re-rated , Post & comments are invited to this Thread on RP


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This is what happens when your name has “Ambani” in it. /s

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It’s a gamble. Considering that the owner (ADAG) has misled investors before, I wouldn’t be surprised if Reliance Power falls again—taking everyone’s money with it.

From ₹260 to ₹1 in 12 years—I would think twice before trusting such a company. I mean there are better opportunities in the market.

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:laughing:So you want to be wealthy , change your name to Ambani Thanks to Numerology

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May be , but there are many so called investors who invest in stocks like Indusind Bank too :slightly_smiling_face:

More like “The return of the Sith” :wink:

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We need to find a stock that’s a multibagger not one that makes us multibeggar :smile:

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:innocent: I am a trader , trade with no Prejudice


Power of Reliance :slightly_smiling_face:

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And this :point_down: is Reliance Power

Yes Of course its a fact,
Zomato
Just Like Zomato :thinking:

@TIMEFRAME whats your opinion on deepakfert? risky or no? :slight_smile:

Well on RP thread Deepak Ferti, very first the disclaimer , my opinions are based on TA not on Fundamental not as a recommendation but a stock analysis ,

Deepak Fert is on a strong uptrend, especially on weekly chart its visible, and also Monsoon has arrived early as per Meteorological department , this the time for the Fertilizer stocks to move , and now the risk is dependent on where you are placed your Trade ( price) and on what TF , just like RP is retraced back today.



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Risk becomes Less ,if you can enter the trade , like the one marked with arrows

cheers :+1: deepak did go well yesterday. i am not sure man about rp… with proper stoploss maybe yes. i am looking at fortis now.

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RP is up today by more then 10% , it seems like RP is running to UC Today :thinking:


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Great one!

I put in 8-13 yr gilt etf. I expect some sudden movement there. Already in radico and bel.

How about Sula Vineyard , just curious but not a recommendation :slightly_smiling_face:

is going up&up , tough to trade