Reliance Power - Buy

At - 99.00

Tgt - 99.85, 101.05

Sl - 97.90

The stock has a volatile trading session and closes on negative side. As overall trend is bearish below the support level stock is looking weak one may go for selling after breaching of support level.

R - 330

S - 321

The stock has managed to cross its major resistances and continued to move with the up rally with a good strength in it. It is now facing strong resistance at the level of 100.50, and in the near term it is likely to show some correction or it may cross its resistance if it trades with the positive biasness.

R - 100.5

S - 91