July 10, 2010

Suzlon energy Triangle pattern

DAILY CHART
WEEKLY CHART
  • Suzlon energy ltd is trading in a triangle.
  • Both daily and weekly chart is on the verge of a break out. The stock is trading with light volumes.
  • Look for an increase in volume and if it is buy volume the stock should close towards the high of the day for buying. and vice versa for selling.

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