- SUZLONE Weekly triangle is yet to give a direction
- 70 to 71 good support zone.
- below 71 it may go down till 69.
- right now it is moving sideways within the weekly triangle
- take a look at the weekly MACD it is moving side ways from july last year.
- and the volumes going down every week.
- if you are holding long positions be patient, we may see some action in the coming weeks. have strict stop loss at 67.
- A daily close below 67 is danger for the bulls.
thank you
take care
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