Reliance Power shares rose 9.22% on Thursday, extending a weekly gain to 11.21%, but remain 59% below their year-ago level. Analysts say the rebound may be temporary: resistance sits near ₹20–22, while ₹16 is key support. They advise caution until a decisive breakout confirms a trend reversal.
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October 29, 2026 at 11:43 AM
Reliance Power shares on fire! Anil Ambani’s stock jumps 9.22%, but remains down 59% in a year - should you buy?
Livemint Markets
Excerpt from Livemint Markets.