Greetings Folks,
today I have prepared a setup of SUZLON on NSE
the analysis is as follows-
-the price recently broke out of a bullish pattern
- its currently respecting a static resistance, which will get break in next trading day
- The price respected the previous high as a resistance, price is building up momentum to break past it
- either trade the breakout of high or when price submits to a support zone of BSL as mentioned or the trendline support
don't play with fire, always use a predefined stoploss
today I have prepared a setup of SUZLON on NSE
the analysis is as follows-
-the price recently broke out of a bullish pattern
- its currently respecting a static resistance, which will get break in next trading day
- The price respected the previous high as a resistance, price is building up momentum to break past it
- either trade the breakout of high or when price submits to a support zone of BSL as mentioned or the trendline support
don't play with fire, always use a predefined stoploss