MONTHLY CHART SETUP --- SUZLON
1. Due to Bullish technical indicators , suzlon as a pick for potential multibagger on year 2023
2. Monthly trendline breakout seen cleary on chart , last month candle ( circle )
3. currently stock at uotrend consistetly past few months . as upper channel indicate the same
4. Stock trading above 44, 200 hma , golden cross of 44, 200 HMA currently seen as strong bullish indicator.
5. RSI above 60, Above wma, EMA & RSI positive crossover .
* Potential upside 50 to 80 % from current level.
* ENTRY 10.25 at current level , TARGET 12-15-18 in 1year , Stop loss bellow trendline supprt at 7
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk . @@ This month i will be posting 10 potential multibagger for year 2023 this is 3rd on this series , , take as education purpose and do your own analysis before enter trade . !!
WISH YOUE ALL....HAPPY & PROAPEROUS NEW YEAR .!!
HAPPY TRADING .!
1. Due to Bullish technical indicators , suzlon as a pick for potential multibagger on year 2023
2. Monthly trendline breakout seen cleary on chart , last month candle ( circle )
3. currently stock at uotrend consistetly past few months . as upper channel indicate the same
4. Stock trading above 44, 200 hma , golden cross of 44, 200 HMA currently seen as strong bullish indicator.
5. RSI above 60, Above wma, EMA & RSI positive crossover .
* Potential upside 50 to 80 % from current level.
* ENTRY 10.25 at current level , TARGET 12-15-18 in 1year , Stop loss bellow trendline supprt at 7
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk . @@ This month i will be posting 10 potential multibagger for year 2023 this is 3rd on this series , , take as education purpose and do your own analysis before enter trade . !!
WISH YOUE ALL....HAPPY & PROAPEROUS NEW YEAR .!!
HAPPY TRADING .!