Suzlon has been in bear run for a long time now.
the chart is self explanatory. Bulls are looking to enter!
The reversal will happen when signal line crosses zero.
Wait for it
the chart is self explanatory. Bulls are looking to enter!
The reversal will happen when signal line crosses zero.
Wait for it
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hourly chart shows a similar hidden bullish picture
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monthly chart corroborates our suspicion
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if price action moves up from here then fibonaci targets are marked
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9% intra day rise.......bang on target!
Now we look for follow through
Now we look for follow through
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Chart is still bullish with failures of bear to get a lower low. In fact we may gap up any session now. The bullish scenario gets invalidated only with a new lower low
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Stage set for gap up.lets see how it goes from here
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Each day I see people trying to short this stock and getting squeezed. From 5 it has gone to 5.5
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suzlon is now headed for an accumulation phase where price will trade in a range centered around five for some time. its a great call for medium term over many months where people can get great returns. you will get a chance to re accumulate suzlon around 5. enjoy. watch out for breakout above consolidation
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it has started i guess......we have a bullish pin bar being printed on monthly chart now
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