Suzlon Energy Ltd: At the cusp of 5 year high
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Suzlon is at the cusp of a 5 year high.
On a monthly chart, a long term outlook is advisable, with an initial upward targets of 15 and 17.45 and further if strength and momentum is sustained.
However, would be careful if price falls below 9.30.
Has the potential to be a big winner. However risk management is key with a strict stop loss.
PS: Not a buy/sell recommendation.
On a monthly chart, a long term outlook is advisable, with an initial upward targets of 15 and 17.45 and further if strength and momentum is sustained.
However, would be careful if price falls below 9.30.
Has the potential to be a big winner. However risk management is key with a strict stop loss.
PS: Not a buy/sell recommendation.
Note
Initial target of 15 achieved.
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