finnaly Suzlon is showing Uptrend, but when it will give the closing above 5.97 then the next upside target is 6.50,
& If the Red candle continws then be ready for the level of 4.60 and its also be a stoploss
Short immediately with a SAR (Stop and Reverse).
Short and Reverse means - When you have sell order, you place buy order to close it right? Now you need to place two buy orders. One will close the sell; other will make a fresh buy.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
hello friend we are going to talk on suzlon..
becoze interesting things happening in this stock.
you all of know what is fundamentals of suzlon.. now we ll discuss about its technical..
1-lots of block deal is done on this level..
2- we are seeing bullish or bearish divergence..(MEANS movement ll definitely come.. but. don't know where!!)
3-too much volatility...