Vijayaraghavan

Suzlon view from weekly chart

Long
NSE:SUZLON   SUZLON ENERGY LTD
RSI positive, Stoch move from over sold region & MACD cut in weekly chart. Macd line crossover in daily chart also helps to breakout the triangle and chance to go up to 20.29

Targets from trend lines (not shown in graph)

16.24
16.96 (Immediate)
17.50 (if closing above,targets are below)
18. 05
18.5-18.8
19.14
19.57
20.29

Stoploss: 15.20 on closing basis

Vijayaraghavan,
Inditrade, Kovilpatti

Trade active: Going to touch the immediate target.
Trade active: Second target 16.95 reached today.
Trade closed manually

Comments

sir can you advise on this stock please

https://m.investing.com/equities/bupa-arabia
Reply
@Hulk703, Short term, It may go up to 17 but long term view not favourable to go upside. If goes above 17.5 on closing basis, chances to go up further. Otherwise my target for short term is 16.4 to 16.7.
Reply
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