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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