LONG SUZLON @14.25; TGT=15; SL=13.70LONG SUZLON @14.25; TGT=15; SL=13.70 (PAPER TRADE ONLY) IDG201711241018
SUZLON trade ideas
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
50 and 200 SMA crossover in SUZLONAlso 5 and 20 SMA crossover. Good opportunity to go short. It might go in the shown support area before a bounce.
Long with confirmation I am looking to Go Long after price close above the 16.60 on day candle for Target of 17.85+
Regards
LONGBuy on Pull back with in trend line or brake of trend line will test the low of the Horizontal trend line buy close above it
Trade Setup for 10th July-Suzlon EnergySimple Pattern.Buy @18.5-18.6 for target 1-18.8 SL 18.45.
If we get a breakout on the upside stay in the trade with SL accordingly so that we are only in profits.
Downside breakout then go short.
Suzlon Turning Bullish - Kumo Breakout -Hourly ChartI see 2 Bullish signal on Hourly chart
1) Price is breaking Kumo (cloud) with decent volume
2) Conversion line is going above base line
Spot Price: 18.65 Target 20.0
SL 18.20
SUZLON: Time to LIGHT, Good TECHNO-FUNDA PickSUZLON: @ 18.8
Time to LIGHT, Good TECHNO-FUNDA Pick .
Possibility to form Pattern "W" in Short Term .
NECK LINE @ 20.2
Short Term DELV.
LONG SUZLON: LTP @ 18.8
TGT: @ 19.9, @ 20.75 , @ 21.6 , @ 23.3, @ 24.6 (Strong)
More Levels on Chart.
SL: Below @ 16.9 (By Closing)
To motivate please Like/ Share / Comment.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
suzlon- clean energy ; will it be a clean investment? suzlon-first thing which come in mind LOSS
but fundamental as well as technical both saying a whole new story about the stock. lets analyse fundamental first
FUNDAMENTAL ANALYSIS
· Order book as on date stands at 1,562 MW including 231 MW from Solar, which is extreme bullish sign for company at-least for 3-4 quarters.
· Net Debt reduced by Rs. 341 crores in FY17 despite growing volumes along-with rigid CDR plans.
·Consolidated customer advance stands at Rs. 793 crores which reflects the good quality of order back-log including zero order cancellation in last 3 quarters.
· FY17 EBITDA of Rs. 2,203 crores, EBITDA margin of 17%, where as industry margin is shrinking at 8%.
· Q4 FY17 Rs. 4,999 crores against Rs. 3,246 crores in Q4 FY16 indicating a flourishing operating performance.
· EBITDA margin of 17% at Rs. 2,203 crores; registering a growth of 64% for the full year acclaiming to be the highest in last 5 years.
· FY17 volumes of 1,779 MW grew by 99% as against industry growth of 47%.
· Total Expenditure 4076 VS 2999
(Marginally lower expenditure)
Net Profit 597 VS -324
(Posted a handsome profit against the losses)
· EPS Basic 1.15 v -0.67
(Earning per share turning positive)
Conclusion: (Apply “Buy right & sit tight”)
Enormous performance by team tanti since 2012!!
Demonstrating a sustainable turnaround for investors!!
TECHNICAL analysis
stock on weekly chart after breaking triangle at 14 is in continuous uptrend taking support at upward trend line .
stock has immediate resistance at 22.5 on daily chart which wil be our first target . crossing that we can expect 24,31 as our positional target
traders can buy at this level with 19.5 as sl for 23
investors buy and sit tight .
regards
(this is entirely my view i can be completely wrong
* i m not a registered sebi advisor )
Suzlon Fundamentals-
1)A huge company coming back with a bang, can be a good turnaround story.
2)Turned profitable and posted a profit of 500+Cr in last month.
3)Balance sheet is improving with debt cut down by half.
4)NUmbers like operating profit/PAT etc are showing positive signs.
Keynote-->Its a good stock that can be accumulated at every dip.
Positive News1--> Life Insurance Corporation of India holds 8 Cr shares of this company.(Source-BSE India)
CMP-18.80(14th June'2017)
1st target-25(6 months)
Disclaimer : I am a private Investor/trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
NOTE-->I give preference to the traders/investors who encourage me by commenting and liking my ideas.
suzlon energyLong term charts r indicating clear breakout. Increase in volumes are also indicating that worst has been over in suzlon.
Buy @19.8 target -32 stoploss 16
Investment Not TradingSuzlon the non conventional energy leader(wind and solar) is highly debt driven company had a bright future as the global consciousness for non conventional clean energy is growing.At present all power sector players are badly beaten by huge debt due to govt and political interferences. Which cant be continued for very long time.Any time govt may bring a policy for the debt driven power sectors and the sector can provide huge income generation. The company is planning to restructuring its debt to be a debt free company by the end of this decade,a $ 3 billion wind farm project in Australia my be turn around the future of the company. Sick still not in the bed
A clear triangle break out in the pattern is also provided .
The money for a coffee-break now may bring you a coffee-plantation in future.
SuzlonSuzlon needs to close above 19.50 for us to have any conviction in Upmove.
Once it does,
Target 24/30
Sl close below 17.
"Suzlon" A Bigger Breakout AwaitsThis weekly chart shows A big Triangle which is almost complete. A close above 18.50 Should trigger Further momentum towards 24 - 28 and even higher levels. i will Buy only above 18.50 closing and put stop below 16 closing. Todays closing price (CMP)is 17.85
Crossed Monthly EMA 10SUZLON trying to move up after long time, it will be too early to say they will go up defiantly in future, but can buy small quantity and keep adding if it is going up.
SUZLON good results this quarter.
Suzlon Breaks out from Trending Channel 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 low of 16.25 and reaches to our target of 15.75.
buy or neutral my views !
buy only at 13 odd levels ( and then c how it reaches the 32-35 band ) lot of resistances
or
buy only beyond 32-35 levels ( it can be a multibagger thereafter )
: only for knowledge purpose
disclaimer : invested at very low levels ( was getting it cheap and the mgt is good )
