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

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

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hourly chart shows a similar hidden bullish picture

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monthly chart corroborates our suspicion

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if price action moves up from here then fibonaci targets are marked

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9% intra day rise.......bang on target!
Now we look for follow through

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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

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

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Each day I see people trying to short this stock and getting squeezed. From 5 it has gone to 5.5

코멘트:

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

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it has started i guess......we have a bullish pin bar being printed on monthly chart now

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