SUZLON Swing Long TradeEnter with Limit order placed at - 77
Target with Risk to reward 1:2 is 91.4
Stoploss only when 1 day candle closes below the price - 65.6
Note: This is not any financial advice, this is for education purpose only
SUZLON trade ideas
suzlon energysuzlon energy makes cup and handle pattern on weekly chart with emerging volume ,so it can reach 112 to 117 in short to med term
SULZON ENERGY LTD S/R 22/11/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Suzlon looking weakOn daily frame, here we can notice that suzlon has breakdown an important level of 65.75.
From here we can expect targets of 56.50, 53 & 49.50 only if big players don't play any game. Technically we can expect these targets, rest depends upon promoters & big players.
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! 🧘♂️📉
"U" Shape.14 Years Bottom Shape and pattern to pattern chart breakout in 1Month TF.
it in half pathway to complete "U" Shape pattern.
This is only my viewe of technical analysis,..
Suzlon Energy: Navigating Key Resistance and Support ZonesSuzlon Energy: Navigating Key Resistance and Support Zones
NSE:SUZLON is showing notable technical levels that could determine its next move:
Resistance Zones: 86 / 78 – These levels present strong selling pressure, and failure to break above could lead to potential retracements. Keep an eye on volume at these levels for any breakout signals.
Support Zones: 71 / 66 – These areas act as crucial support. A breach here might trigger further downside momentum, possibly leading to a more significant correction.
The stock’s behavior near these zones will likely dictate the short-term trend. Traders should closely monitor for any patterns that indicate potential reversals or continuations.
Disclaimer: I am not a SEBI-registered Research Analyst. This is purely for educational purposes. Please perform your own due diligence and consult a financial expert before taking any trade.
Suzlon - Short term prospectsReversing Trend: Suzlon indicates a potential trend reversal.
Volume Increase: Noticeable increase in volume at the support level suggests buying interest.
Support Level Holding: The stock has successfully held above the 4-hour (4H) support level during market correction.
Possible Retest: There may be a retest at the 72-73 levels before the stock begins its upward move, providing a potential buying opportunity.
Targets:
Initial Target: A short-term target of 78, with anticipation of upward movement after the retest.
Extended Target: If the stock sustains or surpasses the 78 level, the next target would be in the range of 81-82.
Disclaimer
This chart is for study purposes only and not a recommendation to buy or sell Suzlon stock. Please conduct your own research and consult with a financial advisor before making any trading decisions.
SUZLON Stock 780% Profit So Far! MASSIVE!What a beauty.
The only problem is, people have less patience to trade or invest in equity.
People with patience and big money always trade in Equity.
Thank you SUZLON! This was my under dog in 2023, but holding for 1+ years really paid off.
Had bought around 9-10 average price.
Nice catch.
Suzlon energy at key resistance.Suzlon energy at key resistance, price can plummit to down side, trade with proper risk management
SUZLON Suzlon is in the process of forming a descending triangle pattern, and we are eagerly anticipating a breakout.
Suzlon turning bullish to bearish?Suzlon forming Crab pattern, Current rally may extend upto 60 & then it may follow reversal as per target. Target1: 45/40, Target2: 33/27/24.
SUZLON ENERGY: Long Term Positional BetSUZLON ENERGY: Turned out to be a multibagger from a single digit stock to 80+,Monthly chart pattern suggests the next stiff resistance at 90,i will be a buyer on dips and accumulate .rounding bottom pattern at 90 suggests a move towards 120 followed by 150.(For educational purpose only)
suzlon long term buy for high targetbuy suzlon for one year time frame target is 100,120,150
note I m not sebi registered analysis
SULZON ENERGY LTD S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
SUZLON- AnalysisEntry if closed above 46 - Use small Stoploss as per your risk Management
Expect target 68 , 95, 126 , 162, 203, 248
Kindly do your due diligence before trading or investment
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SWING IDEA - SUZLON ENERGYA potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India.
Reasons are listed below :
Strong Support at 34-36 : Suzlon Energy has found a robust support level in the 34-36 range, indicating resilience and potential buying interest at these levels.
Bullish Engulfing Candle : A bullish engulfing candlestick pattern, confirming the hammer formed in the previous week, suggests potential upward momentum.
0.382 Fibonacci Support : Finding support at the 0.382 Fibonacci level reinforces the bullish outlook, providing a solid foundation for potential upward movement.
Trading Above 50 and 200 EMA : Suzlon Energy is trading above both the 50 and 200 Exponential Moving Averages (EMA), indicating positive momentum and potential bullish trend continuation.
Constant Higher Highs : The stock has been forming constant higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains.
Target - 49 // 60
Stoploss - weekly close below 35
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@visionary.growth.insights
SUZLON, there will be no turning back from here a sharp rise in its consolidated attributable net profit to 3.02 billion Indian rupees in the fiscal first quarter ended June 30 against 1.01 billion rupees a year earlier.
Earnings per share climbed to 0.22 rupees compared with 0.08 rupees, according to a Monday filing to the stock exchanges by the renewable energy company.
Big breakout in suzlon Big breakout possible in suzlon with heavy volumes and strong RSI .
Buy suzlon above 65 (if it close above it )
Target 84 98 115
Sl 56.75
MACD Crossover Swing Trade - SUZLON📊 Script: SUZLON
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
📈 Script is giving range Breakout with Volume.
⏱️ C.M.P 📑💰- 53
🟢 Target 🎯🏆- 62
⚠️ Stoploss ☠️🚫 - 49
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
BEST BUYING OPPUNITY IN SUZLONExcellent Cup And Handle Pattern Formation On 4 Hour Chart. Also Taken Good Support On 4 Hour Chart. Must Add To Your Portfolio For Long Term With A Stoploss Of 48.
Suzlon Zooming out ..expect fireworks!Depending on how it opens tomorrow thought id give you the bigger picture ....
Stops in at 2.45 very loose since its just below the moving averages on the daily. 1.95 lower support.
Golden cross formed so expect some fomo to kick into this soon and as the whales realise that the cat is out of the bag some really positive new coming up for this Pune based baby.
Liquidity and Volume are all that's needed to kick start this party...
clear breakoutSuzlon looks bullish one 1 day tf. Closed Friday with higher high breakout with strong bullish candle so can go for long holding.
