Thanks to a strong rally in Reliance Power’s stock (₹50.2) last week, the immediate term outlook is positive. While Reliance Power finds an immediate resistance at ₹54.10, a close above that level could lift the stock towards ₹60. The positive outlook of Reliance Power will get negated if the stock fails to sustain above ₹43.40. The long-term outlook will be positive only if the stock manages to ...