Suzlon Energy Ltd Chart AnalysisTechnical Outlook
Currently trading within a long-term descending channel, a structure that has been guiding price action for several months after finding support near the lower boundary of the channel, the stock witnessed a sharp recovery and is now approaching the upper trendline resistance around ₹59.
One of the most notable features on the chart is the highlighted "Order Block" around ₹50 this area previously attracted strong buying interest and has acted as an important demand zone dur
Windpower
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
BFUtilities-Hidden multibagger stockBFUtilities , a Kalyani group company in the field of wind power generation is showing big reversal indications.
A monthly breakout was done few month back and currently stock is consolidating.
Once 1000 is crossed, this stock would be hard to catch.
Stock has improving fundamentals with net profit and EPS at all time high.
Stock is highly undervalued considering recent developments in renewable energy.
We have seen crazy moves in Suzlon and Inox Wind and I am expecting similar multibagger retu


