The sector itself is turning around....and volume in this stock is telling a story... R:R worth risking for.. Breakout not yet done, but I think it should happen sooner or later..
hello friend we are going to talk on suzlon.. becoze interesting things happening in this stock. you all of know what is fundamentals of suzlon.. now we ll discuss about its technical.. 1-lots of block deal is done on this level.. 2- we are seeing bullish or bearish divergence..(MEANS movement ll definitely come.. but. don't know where!!) 3-too much volatility...
they are not meant for investment , stay away , stay safe
for more query comment below.. i ll happy to see your view, comment nd feedback>>>
Double bottom breakout. Target mentioned in graph. (16.60) Vijayaraghavan, Kovilpatti.
Buy above 15.7 for the target of 19.25 with the stoploss of 14.5
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...
It is been observed that the price action broke out from the trending channel and also retraces back to previous support levels on last trading day. It is to observe today that whether the price action goes up again and breaks the previous high of 18 (where we keep our stop loss) or it fails to go up and continues to the prevailing down trend and breaks previous...
Bullish Cypher pattern is completed. RSI is also showing bullish divergence.