Details: 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:...
Observe These levels in SUZLON as there is very strong demand zone near to current market price
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...
In the 3 hour time frame i have observed a breakout, a pullback and continuation of the trend in the upside. Even though the trend has not completely changed as yet, we can still expect to see an upside for few days.
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...
Multiyear Breakout In Suzlon Cmp - 39.2 Buy Till 26-30 SL - 17.5 ( Monthly Closing Basis ) Target - 130++++
Greetings 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...
Greetings 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...