SWING IDEA - SUZLON ENERGY

29 thg 3

A potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India.

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

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@visionary.growth.insights

4 thg 4

Giao dịch đang hoạt động

We are up by 10% ++ from our buying price

3 thg 5

Ghi chú

Hold

18 thg 5

Ghi chú

Bullish engulfing candle, hold!

26 thg 5

Đóng lệnh: đạt mục tiêu

1st target achieved : 21%++

23 thg 6

Ghi chú

Made a high of 41%++

24 thg 7

Đóng lệnh: đạt mục tiêu

2nd target achieved : 50%+

28 thg 7

Ghi chú

made a high of 57%+

31 thg 7

Ghi chú

Achieved 75%++

8 thg 8

Ghi chú

Achieved 80%++

11 thg 8

Ghi chú

Achieved 89%++

14 thg 8

Ghi chú

Achieved 107%++

15 thg 9

Ghi chú

Achieved 115%++