Suzlon
Suzlon.. currently in Falling Wedge. Looking at this chart of Suzlon Energy Ltd. on NSE, here are some key observations:
1. **Falling Wedge Pattern**:
- The recent price action shows a falling wedge, a pattern characterized by converging trendlines sloping downwards. This often suggests a potential bullish reversal if the price breaks out above the upper trendline.
2. **Uptrend Channel**:
- The price is still within a broader upward trend channel, indicating the overall bullish trend is intact despite the recent correction. The current price is approaching the lower boundary of this channel, which could act as a support zone.
3. **Volume Analysis**:
- Volume seems to have decreased during the recent downtrend. A breakout from the falling wedge with increasing volume could further confirm bullish momentum.
4. **Relative Strength Index (RSI)**:
- The RSI is showing a bullish divergence; while the price is making lower lows, the RSI is making higher lows. This divergence is often a precursor to a potential price reversal.
5. **Support Levels**:
- The price is near the lower trendline of both the falling wedge and the broader upward channel, around the INR 62–65 range, which could serve as a strong support zone.
6. **Potential Trade Setup**:
- A breakout above the wedge with strong volume could provide a good entry point for a bullish trade. Alternatively, if it fails to break out, monitoring the lower boundary of the channel as support would be essential.
In summary, the chart shows signs of a potential reversal if it breaks out of the falling wedge. Watching for a breakout with volume confirmation and monitoring the RSI divergence will be crucial for validating the bullish case.
BREAKING BIG | SUZLON |💥BIG NEWS FOR #SUZLON 💡
SUZLON: CO ANNOUNCES INDIA'S LARGEST WIND ENERGY ORDER OF 1,166 MW FROM NTPC GREEN ENERGY LIMITED, THE RENEWABLES ARM OF NTPC
⭕️ Swing Trading opportunity ! Multi-Time Frame Analysis Alert !!!⭕️
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✍️Technical Reasons to trade or Strategy applied :-
✅RBD & RBR Applied in Big Time
✅Strong Dz & Sz
✅Fibbonnaci Retracement
✅Big News on the market
Strong Demand Zone:-A good demand zone typically shows narrow price behavior before the explosive breakout. Just like SUZLON in Weekly , 4Hr TF.
Big Target:- RBD shows the prior strong downtrend, hold and again big move continues .its likely to test those RBD area again just like in Monthly analysis. IF BREAKOUTs ENOUGH.
Multi-Time Frame Analysis helps to discover the true potential of the stocks and take positions in the right time and in right Zone.
WTF Analysis
4Hr Analysis
75 Min
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HDFC BANK Levels // 2 HoursHello Everyone 👋
Overview:
HDFC Bank is one of India’s leading private sector banks.
It provides a wide range of banking and financial services, including retail banking, corporate banking, and treasury operations.
The bank was founded in 1994 and is headquartered in Mumbai, India.
Branches and ATMs:
You can find HDFC Bank branches and ATMs across India. Here are a few locations in New Delhi:
Connaught Place: 2nd Floor, 44 Regal Building, Connaught Place, New Delhi - 110001.
Barakhamba Road: Ground Floor, DCM Building, IOH Block, Barakhamba Road, New Delhi - 110001.
Gole Market: No. 6, No. 104 Baird Road, Block 90, Gole Market, New Delhi - 110001.
Connaught Circus: H-69, Outer Circle, Connaught Circus, New Delhi - 110001.
Kasturba Gandhi Marg: 209 to 214 & 26, Kailash Building, Kasturba Gandhi Marg, New Delhi - 110001.
Janpath: 72, Ved Mansion, Janpath, New Delhi - 110001.
Bengali Market: Shop No. 43 to 46, Plot No. 1, Ground Floor, Block No. 205/C, Bengali Market, New Delhi - 110001.
MACD Crossover Swing Trade - SUZLON📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
📈 Script is giving range Breakout with Volume.
⏱️ C.M.P 📑💰- 53
🟢 Target 🎯🏆- 62
⚠️ Stoploss ☠️🚫 - 49
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Suzlon-Green days ahead in this green energy stock?Suzlon had given a multi year breakout of 30-35 zone and is currently consolidating in a flag.
Above 55, flag breakout will be confirmed and we can see a multibagger move in this stock.
55 is an important level as we have trendline as well as horizontal resistance.
A risky stock but reversing fundamentals are responsible for breakout
Suzlon : Breakout Candidate#Suzlon #VCP #Breakout #trendingstock
Suzlon :
>> Rounding Bottom Breakout + Retest Done
>> Small VCP Visible (Retest zone)
>> Trending Stock
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Suzlon is ready to DOUBLE from here !Suzlon has created a double positive chart pattern
1. Flag Pattern - Breakout Done
2. Rounding Bottom - At Breakout area.
Flag pattern has a pole of 40 points which make the target of 94 - It has already broken out from the Flag pattern.
Rounding Bottom its almost there breakout is above 56. Once this is crossed it will start its journey towards 104 level.
Long term View!!
Double Moving Averages Crossover Swing Trade📊 Script: RAILTEL
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
⏱️ C.M.P 📑💰- 433
🟢 Target 🎯🏆 - 475
⚠️ Stoploss ☠️🚫 - 415
📊 Script: TATASTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
⏱️ C.M.P 📑💰- 174
🟢 Target 🎯🏆 - 183
⚠️ Stoploss ☠️🚫 - 170
📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
⏱️ C.M.P 📑💰- 44
🟢 Target 🎯🏆 - 48
⚠️ Stoploss ☠️🚫 - 42
📊 Script: ADANIPORTS
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 1385
🟢 Target 🎯🏆 - 1454
⚠️ Stoploss ☠️🚫 - 1361
📊 Script: MTARTECH
📊 Sector: Aerospace & Defense
📊 Industry: Engineering
⏱️ C.M.P 📑💰- 2110
🟢 Target 🎯🏆 - 2231
⚠️ Stoploss ☠️🚫 - 2046
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Bearish Signal: Suzlon Head and Shoulders Pattern EmergenceDetails:
Asset: Suzlon Energy Ltd. (Suzlon)
Pattern: Head and Shoulders
Confirmation: Clear formation of head and shoulders pattern
Implication: Bearish trend reversal signal
Potential Targets: Support levels or projection based on pattern height
Stop Loss: Above the pattern's right shoulder or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Suzlon is displaying a classic head and shoulders pattern, a widely recognized reversal pattern in technical analysis. The formation consists of a peak (head) between two lower peaks (shoulders), signaling a potential shift from bullish to bearish sentiment. Traders should exercise caution as the completion of the pattern typically suggests a downward trend. However, confirmation through a decisive break below the neckline is crucial before taking action.
Risk-Reward Ratio: Depends on individual risk appetite and stop-loss placement.
It's important to conduct further analysis and wait for confirmation before making trading decisions based on this pattern.
#SUZLON long trade idea setup (09/02/24)Greetings Folks,
today I have prepared a setup of NSE:SUZLON
on NSE
the analysis is as follows-
- the price is on a minor bearish mode
- we are expecting to take a trade in reversal
- the price has swept the previous low's liquidity
- if the marked resistance breaks and the price retest, we can expect a minor bullish move
- if price fails to do so, leave the setup
don't play with fire, always use a predefined stoploss
#SUZLON long trade idea setup (17/12/23)Greetings Folks,
today I have prepared a setup of NSE:SUZLON
on NSE
the analysis is as follows-
- the price is following a trendline as resistance and is now nearing to breakout from it
- the price is also making gradual higher lows indicating that price does not want to go below past swing that serves as a bullish confirmation for our trade
- wait for either breakout or retest to enter the trade
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
#SUZLON LONG TRADE IDEA SETUPGreetings Folks,
today I have prepared a setup of SUZLON on NSE
the analysis is as follows-
-the price recently broke out of a bullish pattern
- its currently respecting a static resistance, which will get break in next trading day
- The price respected the previous high as a resistance, price is building up momentum to break past it
- either trade the breakout of high or when price submits to a support zone of BSL as mentioned or the trendline support
don't play with fire, always use a predefined stoploss
#SUZLON LONG TRADE IDEA SETUPGreetings Folks,
today I have prepared a setup of SUZLON on NSE
the analysis is as follows-
-the price recently broke out of a bullish pattern
- its currently respecting a static resistance, which will get break in next trading day
- the above resistance marked is the previous high, if price breaks pass through it the same day, this would indicate that the bullish trend still has power left, if it takes 2-3 trading days to breakout the previous high, dont set the target more than 4-5 % for safety
don't play with fire, always use a predefined stoploss
Suzlon Energy hits 9-year high; up 5% on strong Q2 results,Suzlon Energy hits 9-year high; up 5% on strong Q2 results, order book
CRISIL expects profitability of Suzlon to grow further and achieve Ebitda above Rs 750 crore in FY24, driven by increasing fleet base of O&M business and positive tailwinds in Indian wind sector
Shares of Suzlon Energy hit nine-year high of Rs 34.44, up 5 per cent on the BSE in Friday's intraday trade, after the company reported 82 per cent year-on-year (Y-o-Y) rise in its consolidated profit after tax (PAT) at Rs 102 crore for the September quarter (Q2FY24) mainly due to decline in expenses. The company had posted PAT of Rs 56 crore in the year ago quarter. Shares of Suzlon Energy were quoting at their highest level since June 2014. It surpassed its previous high of Rs 34.10, touched on October 23. Thus far in the financial year 2023-24, the market price of Suzlon Energy has zoomed 335 per cent from a level of Rs 7.90 at the end of March 2023.
SUZLON: Swing Breakout IdeaSUZLON again took support this week over the rising trendline which it has been respecting from over 7 months since it began its wonderful breakout. The descending resistance line was also broken out today. Pennant formation. The swing breakout also sent price above 10 and 20 EMA and a crossover was avoided. RSI again crossed over 60 and yesterday was 5% upper circuit. It might continue its upward journey if it crosses the 27 high.