Long or Short Opinion

[scplindia]

most stocks are on fire. Suzlon is not going anywhere, though there has been a clear break out. Must be fundamentals are still weak.
Pl seniors through some light.

 

[praveen taneja]

most stocks are on fire. Suzlon is not going anywhere, though there has been a clear break out. Must be fundamentals are still weak.
Pl seniors through some light.

I am not senior u are waiting but I FEEL it is in distribution phase and can be thrown to dust soon

 

[rajputz]

most stocks are on fire. Suzlon is not going anywhere, though there has been a clear break out. Must be fundamentals are still weak.
Pl seniors through some light.

I am not appropriate person to answer this question but still...few time back suzlon had a loss of 6000 crores. Some of there turbines got the problems and they got losses of mass repairing...if it stays here for one or two days, it will start shooting to upside....but if goes below before that then its clear down...

 

[scplindia]

I am not senior u are waiting but I FEEL it is in distribution phase and can be thrown to dust soon

pl clarify, are we going to head south ?????

 

[rajputz]

I am not senior u are waiting but I FEEL it is in distribution phase and can be thrown to dust soon

Aisa mat bolo praveen bhai:annoyed:

lutiya duba doge...

 

[scplindia]

I am not appropriate person to answer this question but still...few time back suzlon had a loss of 6000 crores. Some of there turbines got the problems and they got losses of mass repairing...if it stays here for one or two days, it will start shooting to upside....but if goes below before that then its clear down...

These factors have already been built in and we saw a low of 52, then on it has seen an upside, now they have been getting decent orders, and this is the biggest company for alternate energy, they have already restructured their debts with the Hansen stake sale, this is what we have already heard. Is there something else that we have not yet heard.

 

[praveen taneja]

pl clarify, are we going to head south ?????

Bro as Rajput bro have written its in huge loss and pending debts for which its promotors sold there stake% i dont remember around 78 so if promotor want there share back even if it want to go up I Feel it would kiss 55-60 zone :clap:
But I can be wrong too
Disclaimer : I dont have any enemity with suzlon promotors and I am not short on this

 

[praveen taneja]

These factors have already been built in and we saw a low of 52, then on it has seen an upside, now they have been getting decent orders, and this is the biggest company for alternate energy, they have already restructured their debts with the Hansen stake sale, this is what we have already heard. Is there something else that we have not yet heard.

Yes thats what I feel that since bad time is passing now promotor would think to get there share back and that too in profit:clap:

 

[rajputz]

We might have seen that effect, but these kind of losses affect the reputation of the company and also the number of orders they get in future. It takes time to build the same successful reputation again. Think of satyam. Y didnt it recovered after that much fall frm 500 levels..the reason being that herd is not yet ready to put its belief after that much losses.

 

[scplindia]

pl study the charts of Petronet LNG. It is having a break out, and can head high by another 10 Rs. Pl study and post comments.