Suzlon Accumulate

Suzlon CMP: 62.50; RSI: 32.77

At present script is near to oversold territory, script has corrected to 27% in near term, fundaments of the compny is good, it can be accumulated at current price, it has good risk to reward ratio

Acuumulation Zone : Rs:60-62
Near term Target levels - Rs: 67-72-77 (3 months)
Long Term : Rs 86-87 (6 Months)

Stop loss- 54.5 (On closing basis)

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