Friday, April 22, 2011

SUZLON-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


SUZLON closes  at 57.75 with a marginal gain of +0.6% on 21 April 2011 with formation of Bearish Black(Near Dozi) Candle on Daily  Price Chart. Technically, SUZLON is now in overbought zone. Major Momentum indicators are in over-bought zone. Bill William's Alligator indicators has given early signal of Weakness on Daily price chart.
We Recommend to Sell –  SUZLON at CMP
Target- 50.75/47
Time Frame- 20 Trading Days
Stop-Loss – 59.20
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