Monday, 16 February 2015

Update for Suzlon Intraday BUY Idea


The stock has reached the first target of 21.80

Further uptrend will take the stock to 22.20 / 22.60

Change stoploss to 21.50.

The stock may reach the upper circuit level 23.00.
Keep stoploss at 21.80, if the stock crosses 22.00.
Keep stoploss at 22.10, if the stock crosses 22.30.

Prefer Trailing stoploss levels with trailing ticks of 0.05.


The level of 22.20 is a good resistance level. Partial or Full profits can be taken at this level.


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