January 22, 2011

Triangle pattern of SUZLON Energy

  • Suzlon energy is forming a triangle pattern in weekly chart.
  • 2nd chart shows the stock in a strong down trend below 200 DMA.
  • Considering the trend of the stock a downside break can give a safe trade. 
  • Upside breakout may find resistance at 200 DMA.
  • TREND LINE OF GOLD

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