SUZLON ENERGY
HEADING TO TEST 1200...
Well in the last 4 trading session this stock is struggled to keep the momentum of the minor rally of 1225 to 1325 and begin to weaken. Bollinger Band giving sell signal and CCI is failed to cross the extreme level. And now this stock will retest the 1200 which is the 200dma support. Well the fall from 1500 to 1195 is not over yet and if it hold the 1200 level then we see some consolidation happens in this stock.
HEADING TO TEST 1200...
Well in the last 4 trading session this stock is struggled to keep the momentum of the minor rally of 1225 to 1325 and begin to weaken. Bollinger Band giving sell signal and CCI is failed to cross the extreme level. And now this stock will retest the 1200 which is the 200dma support. Well the fall from 1500 to 1195 is not over yet and if it hold the 1200 level then we see some consolidation happens in this stock.
posted by Naveen Pantera at 9:31 PM
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