Reliance Power shares surged 5% to Rs 46.36 on Friday, marking their eighth consecutive upper circuit. The stock has been on a 12-day winning streak, outperforming major market indices. With a market capitalization of Rs 18,622 crore, Reliance Power saw 29.93 lakh shares traded, generating a turnover of Rs 13.87 crore. The stock is trading above its 5, 10, 20, 50, 100, and 200-day moving averages, signaling strong bullish momentum. Investors are closely watching for further price targets and technical indicators to gauge future performance.