A potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India.
Reasons are listed below :
Strong Support at 34-36 : Suzlon Energy has found a robust support level in the 34-36 range, indicating resilience and potential buying interest at these levels.
Bullish Engulfing Candle : A bullish engulfing candlestick...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Entry if closed above 46 - Use small Stoploss as per your risk Management
Expect target 68 , 95, 126 , 162, 203, 248
Kindly do your due diligence before trading or investment
*Comment or message me if you wish to see my analysis for any stocks.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or...
Stock continues its upward trend with higher highs n higher lows. Point of control and Avwap acting as support. Bullish engulfing at 23.6% fibonnaci levels shows chance of uptrend to continue.
Suzlon energy has recently given a breakout of cup and handle pattern on daily time frame with good volume. The short term and mid term momentum is also good which signals strength in the trend.
Embark on a journey of potential gains with SUZLON as we analyze the formation of a weekly order block with billions in volume. NEOALGO's study suggests the possibility of a remarkable 190% return over the next 1.5 years.
This is our personal analysis and is intended for study purposes only, not as investing advice. It is recommended to consult your financial...
Depending on how it opens tomorrow thought id give you the bigger picture ....
Stops in at 2.45 very loose since its just below the moving averages on the daily. 1.95 lower support.
Golden cross formed so expect some fomo to kick into this soon and as the whales realise that the cat is out of the bag some really positive new coming up for this Pune based...
Based on the chart, here are some potential support and resistance levels:
Support: 43.80, 40.00, 36.00
Resistance: 48.00, 52.00
The support level at 43.80 is the price where the stock bounced back up after a small dip earlier in the day. The 40.00 and 36.00 levels are horizontal lines that connect previous lows in the stock price. These levels may act as...
Stock is in an uptrend shown by higher highs higher lows. Suzlon has taken support at around 23.1% Fibonacci level of recent move. Stock has given an Avwap squeeze n moved up from poc of recent move. If stock opens up tommorow then upmove is likely to continue.
SUZLON ENERGY:
The stock has confirmed that it is in its 3rd miner wave. The stock has crossed its base channel and now is in its acceleration channel. This chart is a log chart. The price may move further towards 60 then further.
This is not a buy sell recommendation, please consult your financial adviser for any investment.
Regards.
As per previouse chart history and technical analysis, there is an opportunity to buy SOZLON Energy Ltd Stock at Rs.38/- and above it.
All points are mentioned the chart itself, first study and do your own research before buyin this stock.
I am not SEBI registered person and this analysis is just my personal opinion.
Thanks for your support as always.
Positional Trade
Suzlon At CMP
Target 52-82-84 points from entry
Hold a few Weeks
Please consult your financial advisor before investing
All research is for educational purposes only.
Stock is ready to cross past barriers in daily, Daily time frames.
We were analzing indian market Suzlon Energy and what we found is that there is no volume and buyers are exhausted. RSI is also at 90. So any entry further may have a heavy beating. coming weeks to the end of the month will be crucial.
Interestingly 7-star had printed buy few months ago. We will be realsing 7-star for non crypto markets too.
DYOR
