RTNPOWER is looking bullish on weekly and monthly time frames. It has crossed 60 RSI levels on monthly and weekly time frames. You can see volume has been increasing recently. It has been forming a rounding bottom pattern. It is steaming off at 7 levels & getting ready for the next upside move. One can trade for 1:2 risk-to-reward ratio with the current scenario.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.