Thursday, November 25, 2010

Suzlon Energy ...fell slowly and entered in highly oversold zone

Suzlon Energy ...fell slowly and entered in highly oversold zone
suzlon daily chart of  one and half year period showing that it reached to  support level at 46 ...all indicators rsi ..stoch , w% r MFI are at oversold zone and breached threshold level so  looks that stock is nearing at its bottom ...possibility of bounce or consolidation won't be ruled out from here ...

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