Suzlonenergy
Suzlon Swing Trade, Bouncing from a big demand zoneNSE:SUZLON Bouncing from a big demand zone and Crossing the 200 EMA Comfortably, today around 34.1 mln shares traded in 31 block deals at a premium of 2.7%-5% to the previous close which looks good for further upside.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions .
What's Next for suzlonenergy?
- Looks very bearish.
-LL-LH structure.
-Broke down of the base- Implying stage 4.
- Broke down and aiming for a close below 200DMA in
DTF.
-50 is a weak support region
- If 50 is broken and closed on a weekly basis.
Probability of testing 37-35 Increases.
This is shared just for educational purposes and is not a Buy/Sell recommendation
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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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
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Suzlone | Swing Trading | Big opportunity stockSuzlon Energy Limited:
#sulon #energysector
Despite the promising performance of the energy sector, Suzlon Energy Limited has notably lagged behind its counterparts. However, analysts perceive significant untapped potential within the company, foreseeing it as a prospective multi-bagger in the long term. Suzlon boasts robust sales figures and commands a substantial market capitalization, yet its stock price does not reflect its intrinsic value. Currently undergoing a gradual upward trajectory akin to a "turtle walk," Suzlon's stock is anticipated to reach a range of 100-150 within the year 2024. This notable ascent, considering its previous trading at a mere 7 rupees, underscores a compelling opportunity for investors to analyze its performance and consider its potential for growth.
- growth is improving
- price action is changing
- RS is improving
- results are improving
So keep your eyes on this stock and listed in your watchlist
make your own analysis and take action once you confirm with your freamwork.
Best of luck
Regards.
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: 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.
Suzlon hits 8-year high;Suzlon hits 8-year high; up 197% so far in FY24
Shares of Suzlon Energy zoomed 5 per cent, to a hit an 8-year high at Rs 23.49 on the BSE in Monday's intra-day trades backed by heavy volumes. The stock is now seen trading at its highest level since August 2015.
As of 09:35 AM; the stock quoted at Rs 23.35, up 4.3 per cent. The counter had seen trades of around 12.56 million shares so far on the BSE as against its 2-week average volume of around 34.52 million shares. In comparison, the S&P BSE Sensex was flat around 64,875 level.
suzlon energyPls be cautious while buying it. Try to have short term view, do not by it after 15/- for long term. It seems like now everything is being bit overvalued to buy so players are rising its price on some improvement in its current financial scenario from last year. I not pessimistic on it but still do not gain that trust of having so many years of losses to be convert in future gains and will repay its at least 40% of all debt & loan in upcoming 2-3 years. If this sector gets more competitor in coming year which is likely then it will be very hard for it give more return in years ahead.
For short it resistance at 17 to 18 price.
If it still plays and go further then 22 to 24 to be height for it. Still goes beyond 24 then either management doing something great or some mehta sab has bull eye on it.
Now its range has changed from 12/13 to 17/18 price looks like this.
Any investment made.... pls do not hold in it for fundamental & do exit on time as per your TA.
SUZLON ENERGY - 65% RETURNS!!!BUY - SUZLON ENERGY LTD
CMP - Rs. 7
Target - 1: Rs. 9
Target - 2: Rs. 10.65
Target - 3: Rs. 11.65
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Technicals - 1) Bullish Bat Harmonic Pattern.
2) Targets set using Fibonacci Retracements.
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Comment: Target - 3 will be achieved in 4-8 months.
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