NSE:SUZLON has given double bottom breakout and as well is near breaking of its trendline, the trade can be taken after breaking of trendline for the given targets. RSI is showing bullish divergence as well. Will trendline be broken out?
SUZLON ENERGY -- POSITIONAL -- DAILY CHART. 1. Stock has seen trendline support at daily chart on current level 8.25 - 8.50 2. At trendline support hiekin ashi doji candle seen last trading session 3. todays candle after doji is bullsh green candle confirm trend reversal to upside 4. double bottom formation seen on daily chart around 7.75 level which also...
something is cooking stoploss only 6 target 9.40 to 11 im very bulish on this stock big n smartmoney accumlating this gem
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned on...
NSE:SUZLON Ready for an upmove from here. Longterm Trendline + at a major support zone.
Review the " Leading-Diagonal ": As you know, Leading Or Ending Diagonals one of two types of motive waves, the other being in impulse wave. The Leading Diagonal is a terminating wave pattern that is form the 1st wave position of impulse waves or as wave A. This is an example here live - SUZLON. We have an Leading diagonal in the 1st wave position of an impulse...
Weekly RSI running to over sold, strong support at 0.618 fib level, great R:R here
Will it fly high or loss it energy ? To fly high: 1) Long term support level 2) RSI @ over sold zone To Loss energy: 1) Bearish flag pattern 2) Near to HL
Suzlon Elliott wave count Larger 1st wave : coming as leading diagonal Larger 2nd wave : coming as wxy L1 finished and L2 running now Larger 2 wave : it will finished around 0.618 fib of L1st wave ( 6.05 price ) And than we will ride larger 3rd wave
Suzlon Energy is primarily engaged in the business of manufacturing of wind turbine generators (WTGs) and related components of various capacities.
Suzlon on weekly time frame this is only for educational purpose
The stock is on uptrend and is expected to reach the levels soon once it crosses the resistance levels above its current price.
SUZLON ..founded in 1995 ..one of leading renewable Energy solution provider. IN MULTIYEAR, WEEKLY CHART.. SUZLON technically seen bullish on chart. stock seen multiyear trendline breakout, Golden cross of 20,50,200 SMA also seen. Stock form rounded bottom cup formation which indicate stock can seen upside 20-30% in short to mid term. Stock currently seen...
Price action anlaysis educational purpose only ,trade at your own risk
SUZLON is in the process of giving some key breakouts...looks like a great long trade could be in the making. all key levels marked in the chart for study purpose. NOTE: this is only for study and analysis purposes. This is not an investment recommendation.
A long way to go still seems a lot of potential may give returns in coming years would be picked for 2022 allocation of capital is not more than 2%. please do take of this. The first hurdle is 11.75 after that we'll see 22 here Add more around 6 rs.
The trade is risky. Invest small amount only. The green line represents support. The price is moving in a upward parallel channel for the last few months . Now the price has bounced back on daily chart both from the green line as well as the lower parallel line. The blue line will be the target. Target - Rs.10.50