From the below chart I think its good time to buy Suzlon. Main reasons are ...
1) Stoch and RSI looks over sold.
2) Stoch shows crossover.
3) BB is in the squeeze mode and other indicators show upwards.
If anyone buys it I suggest SL of around 66-67.
Am I right with the above analysis? I know fundamentally Suzlon is quite weak but I am not talking about fundamentals.
1) Stoch and RSI looks over sold.
2) Stoch shows crossover.
3) BB is in the squeeze mode and other indicators show upwards.
If anyone buys it I suggest SL of around 66-67.
Am I right with the above analysis? I know fundamentally Suzlon is quite weak but I am not talking about fundamentals.