Suzlon has been in bear run for a long time now.
the chart is self explanatory. Bulls are looking to enter!
The reversal will happen when signal line crosses zero.
Wait for it
the chart is self explanatory. Bulls are looking to enter!
The reversal will happen when signal line crosses zero.
Wait for it
Note
Chart is still bullish with failures of bear to get a lower low. In fact we may gap up any session now. The bullish scenario gets invalidated only with a new lower lowNote
Each day I see people trying to short this stock and getting squeezed. From 5 it has gone to 5.5Note
suzlon is now headed for an accumulation phase where price will trade in a range centered around five for some time. its a great call for medium term over many months where people can get great returns. you will get a chance to re accumulate suzlon around 5. enjoy. watch out for breakout above consolidationNote
it has started i guess......we have a bullish pin bar being printed on monthly chart nowDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.