SUZLON: 27% Gains in 42 Days!SUZLON ENERGY Stock - Short Trade
Trade Summary:
The 4-hour chart of Suzlon Energy showcases a textbook short trade setup, with Targets 1, 2, and 3 already achieved using the Risological swing trading indicator.
This trade has delivered a remarkable 27% profit in just 42 days since the entry.
Target 4 is now firmly in sight, with strong bearish momentum supporting the trend.
Trade Highlights:
Entry Price: ₹76.90
Stop Loss: ₹81.47 (strategic risk placement)
Profit Targets :
TP1: ₹71.26 ✅
TP2: ₹62.12 ✅
TP3: ₹52.98 ✅
TP4: ₹47.33 (nearing completion)
Analysis:
Bearish Momentum: The price remains under the influence of a downsloping Risological Swing Trader indicator , confirming sustained selling pressure.
Steady Decline: The stock has consistently formed lower highs and lower lows, with the red EMA line reinforcing the downtrend.
Next Steps:
For those already in the trade, tighten trailing stops to safeguard profits while giving the trade room to hit TP4.
For new entrants, consider waiting for a retracement before entering to manage risk effectively.
Patience is key—TP4 is well within reach! 🧘♂️📉
