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Technicals for Suzlon Energy Limited
By MusingTheNews
2026-02-03 20:57
Overall Technical outlook
Price Summary
On 2026-02-03, Suzlon Energy Limited's shares started at 49.31, peaked at 49.69, bottomed out at 48.42, and ended -0.3% lower at 49.16, with 78434760 shares traded. Over the course of 52 weeks, the stock peaked at 71.48 and hit a low of 45.53. The price projection is between 60.0 and 82.0, with an average expected price around 72.54545, according to 11 analysts.
Technicals
Support and Resistance: The price for SUZLON at 49.16 finds support at 48.69 and resistance at 53.17. This suggests a trading range, where 48.69 serves as a support level and 53.17 acts as a resistance point, potentially capping further gains. Support/Resistance for SUZLON
Aroon: The current reading of the AROON is neutral for SUZLON, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Suzlon Energy Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Suzlon Energy Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Suzlon Energy Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Suzlon Energy Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages supports a bullish trend, yet the slopes of the shorter-term averages suggest a possible weakening. The faster averages indicate that a reversal might be approaching, with the upward momentum potentially losing steam. This could signal an upcoming change in direction. Tripple SMA chart for Suzlon Energy Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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