Return of the Reliance Power with other Stocks

I Continued to watch RP , i was wondering on what basis or what will do the people who bought RP in the month of JUN with high volume , now after going through charts , something is happening in RP , particularly at the green color marked price points on the charts , watching for the RP action :slightly_smiling_face:



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i was studying a chart pattern “W” format which was developed on Daily & weekly chart of Nifty , W format was a bullish sign but in my experience after a run up , this pattern will fail on shorter TF but works well on longer TF , now the interesting thing is that the format is visible on Nifty daily & weekly , as a study for the future on back drop of Trumps H1B visa order , posting here


As expected w format move happened , now waiting for the make or break at the base !!


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I believe in ‘5 crore under the W’ moments :smile:

May Be “Chances are There”

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Now that chance is looking bright :thinking:

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I agree.


After Government increased STT ob FNO , tomorrow’s / 02-02-2026 market action will be probably very bad , waiting for the market reaction , whether it free falls or not

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i dont think there will be any problem as such :slightly_smiling_face: though i can go wrong.

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off course , but market is too volatile , tug of war between Bears and Bulls are going on :slightly_smiling_face:

might hear some modi-trump news… just look at truth social. ready for another gap up tomorrow/day after

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:slightly_smiling_face: But how much True don’t know, but i maintain hedged position

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i am now looking at EBBETF0430 at 1556 till 1565+ quickly

any symbol in your radar currently?

Goldbees looking good , but today it rallied

yes my bet is on silver too, along with power, mnc and capital market indices

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good thing is that being ETF volatility & liquidity is increased , good to trade

I was looking at coromandel today.I might be slightly biased because I like this murugappa, especially this company. anyways my thought is that it could attempt a false breakdown below and then potentially reverse. they did recently declare results along with a dividend. numbers are okish nothing extraordinary - confirmed with ai. Im considering taking this risk.what do you think? too risky/or any patterns


Being a cyclical stock , trading in a range and also trading near to its lower range 0f 2200 on a longer Tf , in shorter TF trading volatility is high , if i where to trade this , i would avoid this stock , or i have to trade , i would trade the range

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appreciate the perspective on treating it as a range instead of expecting some breakout. I will factor that in.

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I revisited after your reply , tweaked the setting , yes still my opinion is , its in a range , i would wait to trade if Coromandel break the range with high volume