Suzlon - 2 cup with handle pattern formation
There is a cup with handle pattern as shown in the chart. The technical target of first pattern is 53.55 and the technical target of second pattern is 62.10. The technical targets are supported by good financial results of the company in the past few quarters. Previous quarter also the company performed well and showed its highest ever net profit in the past few quarters. So this can be considered a good trade.
Hope you like my analysis.
Please do your own analysis before investing.
Do like and follow and share among your friends and family.
Thank you.
Hope you like my analysis.
Please do your own analysis before investing.
Do like and follow and share among your friends and family.
Thank you.
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.