November 2, 2010

SUZLON Energy Analysis

WEEKLY LINE CHARTS OF SUZLON ENERGY
  • Weekly chart shows two possibilities.
  • A long one with the Inverted head and shoulders that may play out on a close above 61.
  • Price will favour bears on  a close below 55. 
  • Those who are planning to go long should take a note of the negative divergence that is developing in weekly chart.

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