Suzlon - Breakout after 10+ years Suzlon - Breakout after 10+ years. Reducing the debt.
Important levels - Stop loss and targets are shown on the chart.
#multibagger #investing #wealth #stocks #sharemarket.
SUZLON trade ideas
$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.
SUZLON IN POWERSymmetrical triangle pattern has been formed on Suzlon as it is in uptrend so i'm only intrested in bullish breakout.
TP1 - 20.55
TP2 - 22.50
TP3 - 25
SUZLON 1HRBULLISH BAT
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
BUY
SUZLON - Breakout Above Zone 14Suzlon - Breakout Zone above level 14👌
Objective - Consolidate Zone.
Fundamental now Improving a lot better Side.
reducing debt.
Our view go long for very good upside movements.
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!!
Suzlon the rocket 🚀Suzlon has formed a flag and pole pattern on bigger frame, It has also gave breakout.
$suzlonmixed emotions up 700% from my entry most likely headed to 30 next which should be 1500% in 3 odd years
size was small though conviction was lots..( my portfolio is 95% crypto )
likely to have a pullback before up again to test the flip ...
buying a bottom and forgetting about it is usually a good strategy was betting on this being bailed out by the government or someone which i guess has happened.
waiting for BTC to melt faces along with the alts so back to crypto and going to let this run..
PS: if you are reading this and have not dabbled in crypto take a chance and live a little
2 year time frame can not go wrong take your pick of coins
Suzlon just went through the roof, huge upside?Hello Friends,
Suzlon. Everyone's favourite in 2006-2008 bull market rally and later it was dead due to debt issues.
Here is the Concall recording :
Net debt has reduced more than 90% from 13K crores in 2020 to 1180 CR and will further reduce this year
Company has become net assets positive after a decade ... 1100 crores, Book value is positive, net cash in hand 500 CR and 1000 CR bank guarantee and letter of comfort at 2% interest, Adequate working capital for next year order execution
Company will execute 70% of existing order book with 15% profit margins, i.e. SUZLON WILL EXECUTE MORE THAN 1GW ORDER BOOK WITH REVENUE OF MORE THAN 9K CRORES AND PROFITS OF AT LEAST 1350 CRORES NEXT YEAR
WITH ANTICIPATED MINIMUM PROFITS OF 1350 CRORES WILL DELIVER MINIMUM EPS OF 1.1 AND PRICE TARGET OF 28-31 AT INDUSTRY'S PE MULTIPLE OF 25 TIMES , AND COMPANY WILL BECOME DEBT FREE
INDUSTRY IS FLOODED WITH ORDERS , SUZLON IS CHERRY PICKING HIGH MARGIN ORDERS, 3-4 GW GOVT TENDER EXPECTED IN NEXT 3 MONTHS, SUZLON WILL MAINTAIN 33% MARKET SHARE IN OVERALL WIND ENERGY MARKET... i.e. Suzlon order book will mor than double from present 1.56 GW to at least 3.5 GW this year
6...IT IS CRYSTAL CLEAR THAT AFTER 10 YEARS THIS TIME SUZLON IS MOVING UP BASED ON FUNDAMENTAL TURNAROUND, PROFITABILITY AND STRONG POSITIVE OUTLOOK AND INSIGNIFICANT NET DEBT ... DON'T MAKE THE MISTAKE OF SELLING OUT EARLY THINKING THIS IS PUMP AND DUMP LIKE BEFORE ... INVESTORS HOLD ON TO YOUR INVESTMENTS PATIENTLY
7... BOTH FUNDAMENTALLY AND TECHNICALLY BUMPER RALLY WILL BE THERE ON CROSSING ADJUSTED YEARLY HIGHS OF 12.20 ... RETAIL INVESTORS WILL MISS THE BUS IF YOU SELL OUT EARLY...
With that said,
The huge upside is possible. So I would plan to add on every dip.
suzlon..........cmp 14.45............target 131...Stock is fn CD leg of a CYPHER pattern in monthly chart.....D point comes at 131...buy and enjoy the ride..
High risk pick of the week!I had recommended Suzlon in Jan last year as chart of the week. Once can see a detailed analysis on the same page. Today again I'm recommending to buy Suzlon @ 11. One must understand that it is a well beaten stock, hence, it's a High risk trade and patience is required to earn profits. If you take this call, invest as per your risk appetite.
CMP - 11 W (6/2/23)
T - 18 W
SL - 8.5 W
Suzlon energy ... Strong volume Hi
As per 1 month chart 📉 can see high volume coming in Suzlon energy share if results are good 👍 then..
Suzlon may hit 🎯 tgt . 12 -15 in short term
& 20+ in long term
Buy at your own risk 😉
Hope for best 🤞
Suzlon looking good for buySuzlon had been following a channel after a past trend line breakout to recover and currently trading near HL. Keep stop loss if you are planning to buy.
SuzlonLeading Wind Mill Power Manufacturing company , Its in Uptrend Struggling in Main Resistance
This is chart only for Knowledge purpose only
SuzlonSuzlon is best buy for midterm.
Important support and resistance on chart.
Blue color line chart shows Important support.
Buying in chart with value shows some big players Buying.
suzlonIts wind mill company , Now there green energy development company
Long time after stock forming Cup With handle , Watch it
