SWING IDEA - SUZLON ENERGY
Aktualisiert
A potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India.
Reasons are listed below :
Target - 49 // 60
Stoploss - weekly close below 35
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
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
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Trade ist aktiv
We are up by 10% ++ from our buying priceAnmerkung
HoldAnmerkung
Bullish engulfing candle, hold!Trade geschlossen: Ziel wurde erreicht
1st target achieved : 21%++Anmerkung
Made a high of 41%++Trade geschlossen: Ziel wurde erreicht
2nd target achieved : 50%+Anmerkung
made a high of 57%+Anmerkung
Achieved 75%++Anmerkung
Achieved 80%++Anmerkung
Achieved 89%++Anmerkung
Achieved 107%++Anmerkung
Achieved 115%++
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.