What does Suzlon do - Manufacturing of wind turbines.
What has changed, Coal Scarcity, Brent is at $85, best, Parali burning (Crop Burning) season is back on.
So, we need clean energy more than ever, do read Chris Martin's no concert pledge since 2017. He is coming up with jump and create charge concert (Fantastic and illuminating idea I say).
So back to Suzlon, seriously ignore trump saying windmills is a bird mortuary, we all know what trump is.
Solar energy (Still toxic) + Wind gives an incredible long-term low-cost solution for a Power-Hungry country line India. Now with greater power demand from any source, this stock may give a gigantic jump. DIIs have increased their share quite bit, I am just worried to see that LIC moved out of this share last quarter. Let’s watch the holding space more.
Trend wise, like ZeeL, this stock is all set to complete the Cup Pattern soon. Post Cup, sky is the limit. Who knows, Mota bhai may just burp and acquire this company and all its ancillary units. lol.
160 seems to be cup's neck. Fingers crossed!
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)