SUZLON ENERGY LTD
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Tide is turning around for Suzlon. We may be at bottom

265
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
Nota
hourly chart shows a similar hidden bullish picture
syot kilat
Nota
monthly chart corroborates our suspicion
syot kilat
Nota
if price action moves up from here then fibonaci targets are marked
syot kilat
Nota
9% intra day rise.......bang on target!
Now we look for follow through

syot kilat
Nota
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
Nota
Stage set for gap up.lets see how it goes from here

syot kilat
Nota
Each day I see people trying to short this stock and getting squeezed. From 5 it has gone to 5.5
Nota
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
Nota
it has started i guess......we have a bullish pin bar being printed on monthly chart now
Nota
syot kilat

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