Suzlon - Small risk above 47, and fully above 50.

Aktualisiert
Suzlon : Bouncing back. If it crosses 50, it can see 64 range.

Volumes are missing, hence little risky.
However one can enter now, and average up on every upmove.

SL - 37.

Disclaimer : Educational Content and not a recommendation.
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Excellent Results from SUZLON ENERGY:

Q1 CONS NET PROFIT 3B RUPEES VS 1.01B (YOY)

Q1 REVENUE 20.2B RUPEES VS 13.47B (YOY)

Q1 EBITDA 3.9B RUPEES VS 1.98B (YOY) || Q1 EBITDA MARGIN 19.25% VS 14.75% (YOY)
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Target reached.

One can now hold for targets of 73 and 100.

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Beyond Technical AnalysisTrend Analysis

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