SUZLONSuzlon Energy Ltd. engages in the sale of wind turbine generators and related components of various capacities. Its products include S111, S128 and S120 Wind Turbine Generators. The firm operates through the following segments: Sale of Wind Turbine Generators, Foundry and Forging, Operation and Maintenance Services, and Other. The company was founded by Tulsi Ranchhod Tanti on April 10, 1995 and is headquartered in Pune, India.
SUZLON trade ideas
Suzlon - Upgraded Target LevelsSuzlon CMP - 7.50
Looking bullish in higher time frame. One can go for Short Term Trade Setup with the following entry, exit & targets.
Upgraded Target Levels. Currently trading at 7.50 RS and can go up to 11.50 RS in coming days. Those who missed out initial rally from 3RS to 7.50 RS may can buy in dips on Monday or Tuesday 👍
Buy Range 7 - 7.50 / Stop Loss 6.50
Target 1 - 8.50
Target 2 - 10.00
Target 3 - 11.50
Disclaimer: This is my view and for educational purpose only.
looks bullish!!!There is strong resistance at 8.45 based on a weekly chart. The orange line at 6.95 acts as a support line.
RSI is upwards at 63+. Good time to buy.
Hopefully, prices might follow the pattern in the future. It will be retested again at 8.45. As soon as it crosses the barrier, we might see some new heights for this stock.
Suzlon hold for Target 12+Currently Suzlon completed, 3rd of 3rd wave, wait for Completion of 4th wave of 3rd wave( Consolidation) which will be around 6.9/ 6.4 after that it will be starting of 5th of 3rd wave will be a Bullish wave, which will go upto 12 to 14 levels. Level for invalidation of above strategy is 6.
Suzlon - Bullish - Short Term Investment Suzlon CMP - 3.50
Looking bullish in weekly time frame. One can go for short term trade setup with the following entry, exit & targets
Buy at or above - 3.5 - 4 / Stop Loss 2.60
Target 1 - 4.50
Target 2 - 6.00
Target 3 – 7.50
If it cross 8RS then it will start flying 12
Note: This is my view and for educational purpose only.