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:...
We often follow conventional patterns. But Now a days it fails. Here you can see.
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a...
stock looking weak creating lower high and given breakdown
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
pls like and share
Ascending triangle breakout successful with good volume.
Yesterday candle is the the fake-out move considering the body of candle and volume.
Note: I did my research, Do your before trade.
Monthly time frame Chart Analysis
Major Support is Near 28-30
Target For Suzlon energy - 50/60
Positive Reasons
Indian Goverment Supporting and Compay reciveing Good Orders
Suzlon energy Changes old Managment .
Company announced its Debt reduction Plan .
Suzlon energy broke crucial level in Monthly chart. It may or may not touch 33 levels again But 33 is the crucial support .if the Ralky continues we may see 100 soon.
P.s- This is only for educational purpose.Not any buy or sell recommendation.
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...
Suzlon Looking Strong.. Strong Breakout with Good Volume. Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
It is 1 stock out of 4 stocks shared yesterday. It has successfully breakout and sustained above supply zone. We can see a good move in it. Highly Risky Highly Rewarding.
