- summary:
- Suzlon Energy Stock Lrates – Is it a good purchase? The main levels, technical analysis and market expectations for investors
Suzlon Energy Ltd. The arrow is currently trading at $ 54.92, and returns again from its latest lowest levels near $ 43.91. By improving technical indicators and renewing purchasing benefits, investors closely monitor to see if the share can maintain his recovery.
Why is a supernova high?
The increase in the last prices in Suzlon are driven by strong demand for renewable energy, improving investor morale, and upscale institutional activity. Pushing the Indian government to expand wind and positive policies has fueled optimism in this sector. In addition, financial restructuring efforts, debt reducing the basics of Suzlon, and attracting the new purchase interest. Recent support levels indicate the renewal of confidence between investors, with an increase in their sizes, indicating stronger accumulation at lower prices.
Technical Analysis: The main levels of viewing
Resistance levels:
- $ 61.00 – immediate resistance; The outbreak of this level can indicate more bullish momentum.
- 65.71 dollars – $ 73.02 – a strong supply zone where sales pressure may appear.
- 80.41 dollars – $ 86.00 – The collapse above this range will confirm the reflection of the strong trend.
Support levels:
- $ 49.11 – The stock currently keeps this level; Its loss can invite more sales pressure.
- $ 43.91 – a decisive request area worked as strong support recently.
- 38.80 dollars – extreme negative support in the case of more weakness.
Is Suzlon a good purchase?
Suzlon Energy provides a highly dangerous and high investment opportunity for investors. With the strong government support for renewable energy, financial restructuring, and improving market morale, the arrow has a possibility for more upward trend.
However, its history of fluctuations and dependence on politics -based growth requires caution. Investors who are looking for long -term gains in the green energy sector may find attractive sugaron, but those who have less awaiting risk must have more than $ 61.00 before looking at new locations. Monitoring basic developments and main technical levels will be decisive to make decisions.
Expectations and conclusion
The last Suzlon Energy bounce indicates the early signs of recovery, but the stock must break $ 61.00 to confirm the continuous upward trend. The RSI and MacD improvement refers to the increasing upward feelings, but traders must monitor the confirmation through the price and size.
A successful step exceeding $ 65.71 may lead to strong face capabilities, while failure to stick to more than $ 49.11 may lead to a re -test of low support areas. The short -term traders should focus on the main resistance levels, while investors in the long run may find value if the stock settles over the decisive support areas.
