Sunday, April 3, 2011

SUZLON:-A MultiBagger,Buy/sell/hold,growth prospects and recomendation,news and results,target price and analysis,views and outlook


SUZLON  closes at 46.65 with a gain of +9.1% on 01 April  2011 with formation of White Opening Marubozu Candle  on Daily  Price Chart with Huge Volume. VS of Suzlon Options, suggests that it has strong Support around 45.50 and Resistance at 60.On Daily Price Charts, W%R, Spearman, Swing  indicators are in Bullish zone. It has given Positive Cross-over on Regression Lines for Upper side.
 We Recommend to BUY – SUZLON  at CMP
Target-52.90/57.15/60
Time Frame- 10/14 Trading Days
Stop-Loss –45.75

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