formed inverted head & shoulder pattern in daily time frame, agin formed double bottom pattern in daily timeframe & gave breakout of neckline.
Looks good for swing trade.
Trading at 45,keep sl at 39,target can be 56
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your...
-- wait for small correction on ~12
--Stock has formed CUP & Handle and gave a breakout
--Target ~20
--Long and short term as per your risk and time of holding
--stock is in 52 Week high
-rounding bottom with very high volume
-breakout in daily weekly monthly time frame
-rsi rising looking very strong
-Over the last 5 years, revenue has grown at a yearly rate of 0.15%, vs industry avg of -6.83%
-Over the last 5 years, market share increased from 53.11% to 75.88%
-In last 3 months, foreign institutional holding of the company has increased by 6.95%
In the 3 hour time frame i have observed a breakout, a pullback and continuation of the trend in the upside. Even though the trend has not completely changed as yet, we can still expect to see an upside for few days.
Greetings Folks,
today I have prepared a setup of NSE:SUZLON
on NSE
the analysis is as follows-
- the price is following a trendline as resistance and is now nearing to breakout from it
- the price is also making gradual higher lows indicating that price does not want to go below past swing that serves as a bullish confirmation for our trade
- wait for either...
TREND - POSITIVE (DAY TL)
PRESENT ZONE-Between 1 HOUR DEMAND ZONE & 1 HOUR SUPPLY ZONE.
Reversed from Multi year SUPPLY ZONE now.
FORECAST -As per ZONE if goes below 1 HOUR DEMAND ZONE will target WEEKLY DEMAND ZONE.
if goes above 1 HOUR SUPPLY ZONE,which consist of Multi year SUPPLY ZONE will target again 44.
MY TAKE
first TL and 1 hour demand zone must...
Final Target is 53. Multiple Bullish patterns available in the chart.
C&H breakout done and Rounding Bottom pattern avaiable.
Note: This is for educational purpose only.
just see in the bigger picture got an idea, just for understanding long term not for investment,
just for fun I'll mention the VVV imp area was so important for the future.
Suzlon Energy - Positional Analysis - CMP 4.8
buy for target 7- 8.45- 11- 15-20- 25-30-40-50+
holding period 2-5-10 years
Buy some more if get @ 3.4-3
SL below 2.5
Greetings Folks,
today I have prepared a setup of SUZLON on NSE
the analysis is as follows-
-the price recently broke out of a bullish pattern
- its currently respecting a static resistance, which will get break in next trading day
- The price respected the previous high as a resistance, price is building up momentum to break past it
- either trade the breakout of...
Greetings Folks,
today I have prepared a setup of SUZLON on NSE
the analysis is as follows-
-the price recently broke out of a bullish pattern
- its currently respecting a static resistance, which will get break in next trading day
- the above resistance marked is the previous high, if price breaks pass through it the same day, this would indicate that the...
