RELIANCE POWER
Reliance power witnessing selling pressure from 23.6% fibonacci retracement this indicates bears are active in Reliance power. On down side stock may see further selling pressure once it closes and holds below its previous bottom @ 40.
Free intraday trading tips on Reliance Power for 14th August 2015, Friday.
Reliance power looks weak below 40.
Will find support around 38, 37.
S.L 41.
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