Suzlon view from weekly chartRSI 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 basis
Vijayaraghavan,
Inditrade, Kovilpatti
