SUZLON --WEEKLY TREND --ANALYSIS
SUZLON --WEEKLY CHART --TREND ANALYSIS
1. stock trading at upper channel consistently on weekly chart
2. current channel support seen at 8-9 level and resistance seen 12-15 level
3. currently stock at uptrend as Weekly RSI above 60 and above WMA
4. stock trading above 44,100,200 HMA
5. one can initiate BUY near channel support if any correction 8.50-9 Level and above for target 12-15 medium term .
stop loss can place bellow strong support line at 6
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** TRADE AT OWN RISK ,!!
HAPPY TRADING. !.
1. stock trading at upper channel consistently on weekly chart
2. current channel support seen at 8-9 level and resistance seen 12-15 level
3. currently stock at uptrend as Weekly RSI above 60 and above WMA
4. stock trading above 44,100,200 HMA
5. one can initiate BUY near channel support if any correction 8.50-9 Level and above for target 12-15 medium term .
stop loss can place bellow strong support line at 6
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** TRADE AT OWN RISK ,!!
HAPPY TRADING. !.
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