Something is wrong with Suzlon... I can sense it.

[praveen taneja]

Hi,
This thread seems very interesting.
I can see that the patter is clearly shaping into a cup &handle formation.
So, I am thinking to invest into this.

But since I am only a beginner, I want to know the possible risks involved here..
What can be my maximum loss, if I buy now?

I hope the stock price cannot touch zero, right? (the common sense)
Or can it?
Kindly share your opinion, Bunny and others...

Thanks

good buy between 52-55:thumb:

 

[ramsvenku]

Hi, praveen Suzlon is now at 55.15 what next???

Rams:thumb:

good buy between 52-55:thumb:

 

[narasimha_devi]

good buy between 52-55:thumb:

Hi Praveen,
Do u think it is the right price to buy Suzlon Energy?
What are the expected returns in the next 2-3 months?
could u pls provide ur suggestions on this?

Narasimha.

 

[spiritunit]

Suzlon is technically broken in all aspects, but with the problem is in the company makes the stock out perform, though it moves up, seems it won't skyrocket again in short term, better to avoid this stock even at this level.

 

[findvikas]

I can see Suzy on a long term correction... I personally think we can see 35-40 on the chart very soon... or may be in a month or two...

 

[hills_5000]

its been coming down from 108 levels...and u still THINK there's something wrong with it ????

Wake up and smell the coffee... its a punter stock .. and not worth the heartache...

I can see Suzy on a long term correction... I personally think we can see 35-40 on the chart very soon... or may be in a month or two...

 

[findvikas]

now I do not think that there is something wrong with this company but I am certain that it is not worth it and next level is around 35 only

See this 3 year weekly chart and SUZY is in long term bearish pattern which never reversed

It was falling while Sensex was making 21000... how can you expect it to come out of this long term bearish pattern without sensex trading around 21000 and no fundamentals in the company?

 

[adultvish]

Hi vaibhav
can you explain the cup and handle with chart coz I did not find it so.

Hi,
This thread seems very interesting.
I can see that the patter is clearly shaping into a cup &handle formation.
So, I am thinking to invest into this.

But since I am only a beginner, I want to know the possible risks involved here..
What can be my maximum loss, if I buy now?

I hope the stock price cannot touch zero, right? (the common sense)
Or can it?
Kindly share your opinion, Bunny and others...

Thanks

 

[findvikas]

now I do not think that there is something wrong with this company but I am certain that it is not worth it and next level is around 35 only

See this 3 year weekly chart and SUZY is in long term bearish pattern which never reversed

It was falling while Sensex was making 21000... how can you expect it to come out of this long term bearish pattern without sensex trading around 21000 and no fundamentals in the company?

Suzlon next stop is 35 if it break the crucial level of 50