MULTIBAGGER --2023 ----SUZLON
MONTHLY CHART SETUP --- SUZLON
1. Due to Bullish technical indicators , suzlon as a pick for potential multibagger on year 2023
2. Monthly trendline breakout seen cleary on chart , last month candle ( circle )
3. currently stock at uotrend consistetly past few months . as upper channel indicate the same
4. Stock trading above 44, 200 hma , golden cross of 44, 200 HMA currently seen as strong bullish indicator.
5. RSI above 60, Above wma, EMA & RSI positive crossover .
* Potential upside 50 to 80 % from current level.
* ENTRY 10.25 at current level , TARGET 12-15-18 in 1year , Stop loss bellow trendline supprt at 7
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk . @@ This month i will be posting 10 potential multibagger for year 2023 this is 3rd on this series , , take as education purpose and do your own analysis before enter trade . !!
WISH YOUE ALL....HAPPY & PROAPEROUS NEW YEAR .!!
HAPPY TRADING .!
1. Due to Bullish technical indicators , suzlon as a pick for potential multibagger on year 2023
2. Monthly trendline breakout seen cleary on chart , last month candle ( circle )
3. currently stock at uotrend consistetly past few months . as upper channel indicate the same
4. Stock trading above 44, 200 hma , golden cross of 44, 200 HMA currently seen as strong bullish indicator.
5. RSI above 60, Above wma, EMA & RSI positive crossover .
* Potential upside 50 to 80 % from current level.
* ENTRY 10.25 at current level , TARGET 12-15-18 in 1year , Stop loss bellow trendline supprt at 7
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk . @@ This month i will be posting 10 potential multibagger for year 2023 this is 3rd on this series , , take as education purpose and do your own analysis before enter trade . !!
WISH YOUE ALL....HAPPY & PROAPEROUS NEW YEAR .!!
HAPPY TRADING .!
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.