SUZLONG DAILY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
We do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
Please keep your comments useful & respectful.
Thanks for your support.....
Tradelikemee Academy
Sanjay K G
SUZLON trade ideas
SUZLON: Billion Volume, Eyeing 190% Gains in 1.5 Years? 📈💼Embark on a journey of potential gains with SUZLON as we analyze the formation of a weekly order block with billions in volume. NEOALGO's study suggests the possibility of a remarkable 190% return over the next 1.5 years.
This is our personal analysis and is intended for study purposes only, not as investing advice. It is recommended to consult your financial manager before making any decisions, as investing always carries inherent risks.
Explore the potential, consider the signals from the high-volume order block, and leverage our study to make informed decisions regarding SUZLON's future trajectory. 🚀📊 #SUZLON #PotentialReturns #HighVolumeAnalysis #StudyPurposeOnly
Support and resistance levels of Suzlon by AI.Based on the chart, here are some potential support and resistance levels:
Support: 43.80, 40.00, 36.00
Resistance: 48.00, 52.00
The support level at 43.80 is the price where the stock bounced back up after a small dip earlier in the day. The 40.00 and 36.00 levels are horizontal lines that connect previous lows in the stock price. These levels may act as support in the future if the stock price falls again.
The resistance level at 48.00 is the price where the stock price has stopped and turned lower several times during the day. The 52.00 level is a round number that may also act as resistance.
It is important to note that these are just potential support and resistance levels, and the stock price may not necessarily respect them. However, they can be helpful for traders and investors to identify potential trading opportunities.
Here are some additional things to keep in mind when looking at support and resistance levels:
The strength of a support or resistance level can be determined by how many times the stock price has bounced off of it in the past. The more times it has bounced off, the stronger the level is likely to be.
Support and resistance levels can be broken if there is enough selling or buying pressure. If the stock price breaks through a support level, it could fall further. If it breaks through a resistance level, it could rise further.
Support and resistance levels can change over time, so it is important to keep an eye on the chart and adjust your levels accordingly.
SUZLON ENERGYSUZLON ENERGY:
The stock has confirmed that it is in its 3rd miner wave. The stock has crossed its base channel and now is in its acceleration channel. This chart is a log chart. The price may move further towards 60 then further.
This is not a buy sell recommendation, please consult your financial adviser for any investment.
Regards.
SUZLON Energy Ltd - Opportunity to Enter Buy StockAs per previouse chart history and technical analysis, there is an opportunity to buy SOZLON Energy Ltd Stock at Rs.38/- and above it.
All points are mentioned the chart itself, first study and do your own research before buyin this stock.
I am not SEBI registered person and this analysis is just my personal opinion.
Thanks for your support as always.
Suzlon has reached the max pointWe were analzing indian market Suzlon Energy and what we found is that there is no volume and buyers are exhausted. RSI is also at 90. So any entry further may have a heavy beating. coming weeks to the end of the month will be crucial.
Interestingly 7-star had printed buy few months ago. We will be realsing 7-star for non crypto markets too.
DYOR
$suzlonshilled this a fair bit a while ago to friends
telling 'em to be careful now with the rsi topping and it may reverse from here IF that happens then we may test the long term trendline around 13.5
for now should tag the yellow line above by midweek then the question is do we deviate back or not?
Funfact ; they outperformed my portfolio by doing nothing
made a decent profit though all my size is still in crypto
Head and shoulder patternas we can c left shoulder and head is already made, "if" it is going to make right shoulder then I will buy it once it will make another shoulder till then i will watch it.
If it will make another down shoulder it will look like monster and once this monster will take shape it will give monster PROFITS as well.
"I feel this"
not any advice for others.
SUZLON Heading for multibaggingI don't recommend Penny stock but this one caught our eyes given its possible potential future in energy sector. recently it has breakout of the lower lows downtrend. SUZLON seems to be good stock to invest on.
Recommended ENTRY zone 12-9.5
Stoploss 6.5
Targets 22.2 27 and ultimately 150
Suzlon - Long Way To GoCertainly, here's a more informative rephrasing of your points:
1. **Multiyear Cup and Handle Pattern with Neckline Breakout:** An intriguing technical chart formation has emerged known as the "cup and handle." This pattern has developed over multiple years, indicating a prolonged consolidation phase. A significant breakout has occurred at the neckline, suggesting potential for substantial price movement.
2. **Notable Surge in Trading Volume:** There has been a remarkable surge in trading volume, signifying heightened market interest and participation. Such significant volume often accompanies key price movements, underscoring the significance of the current situation.
3. **Transition from Resistance to Support:** An interesting dynamic has materialized where previous resistance levels are now transforming into support levels. This phenomenon is referred to as "resistance becomes support." It suggests that levels where the price was historically challenged have now turned into foundations for potential upward movement.
4. **RSI Indicating Favorable Price Strength:** The Relative Strength Index (RSI) is providing valuable insights by highlighting the strength of the current price trend. A favorable RSI reading indicates positive momentum and potential for sustained price appreciation. This metric is widely used by traders and analysts to assess the overall health of the price movement.
Targets are given on the chart itself.
Note:- Not a financial advice, only for educational purposes.
SUZL at Major Resistance: Potential Selling Pressure AheadSUZL has experienced a significant rally and has now reached a significant resistance level on both the weekly and monthly timeframes. Based on historical price action at this level, we anticipate a selling pressure to emerge. If the price respects this resistance level, we expect a subsequent decline towards the key support level established at the bottom.
Suzlon Energy Trend AnalysisSuzlon's turn-around potential has already rewarded multibagger returns to its hopeful investors.
The aggressive reduction in borrowings, increasing profit margins and increasing revenue post covid are the signs that Suzlon is on the right track.
Technically, the price has formed an abc pattern that touched the FIB golden zone (18.45) today.
The target is somewhere between 18.40 - 19.95
I believe this is the best time to lock in profits.
Further accumulation can happen around 10-12 zone.
As always, do your own due diligence before taking any action.
Peace!!