Suzlon Energy : Share Price is getting higer day by day in stock market

Market stretegy Suzlon Energy Share Price

2:48 PM

Tech View :: 'Near-term outlook changes to sideways from positive'

On the daily charts, the Nifty has formed an Engulfing Bear candle stick pattern which has bearish implications. The daily momentum indicator has a negative crossover which is a sell signal. Thus, both price and momentum indicators are suggesting weakness in the near term, and thus we change our short term outlook on the index to sideways from positive.

The range of consolidation id likely to be 18,800 – 18,500. The 20-day moving average, which has been holding out during this rally, is placed at 18,532 and so only a decisive break below that shall reverse the trend. In terms of levels, 18,780 – 18,800 shall act as an immediate hurdle zone, while 18,530 – 18,500 is the crucial support zone to watch out.

Views by: Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas

2:48 PM

Buzzing stock :: Axis Bank ends with a slight downtick post block deal

Axis Bank ends with a slight downtick post block deal

2:47 PM

Currency check :: Rupee ends 8 paise lower at 82.18/$

>> Wednesday's close was 82.10/$

2:47 PM

Comment :: 'Despite weakness in benchmarks, there is buying interest in broader markets'

The domestic market is responding to the Fed's hawkish commentary, which suggests the possibility of 2 more rate hikes in the future this year, although they have currently opted for a halt.

Due to concerns about inflation persisting above their target range, Fed officials have increased their rate projections by 47.5 bps for the end of 2023 to 5.6%.

Despite weakness in the benchmark index, there is buying interest observed with the Nifty Mid-cap index trading at an all-time high.

Views by: Vinod Nair, Head of Research at Geojit Financial Services.

 

 

2:46 PM

Tech View :: 'Bank Nifty breaks 20-EMA; next support at 43,150'

The banking sector has been disappointing in the past few sessions as it did not participate in the broader market rally. With today's price action, the short-term charts appear distorted.

On the daily chart, prices have fallen below the 20-day exponential moving average (20-ema), which had been a strong support level recently. This break below the 20-ema does not bode well for the bullish sentiment. Considering today's bearish momentum, we may observe more weakness in the near future with the next support level around the 50-day simple moving average (50-sma) at around 43,150, followed by the swing low of 42,600 recorded in May.

On the upside, the previous support level of 43,700 - 43,800 will now act as immediate resistance. Traders should take note that this recent weakness is merely a price correction, and the overall trend remains positive. Any further dips should be seen as buying opportunities.

Views by: Rajesh Bhosale, Technical Analyst at Angel One

2:44 PM

Edelweiss Financial Services Ltd.

Down today share market for Edelweiss Financial Services Ltd.

2:40 PM

suzlon price is getting higer regullary

suzlon price is getting higer regullary  as market bullish for this energy share . 

2:39 PM

suzlon price before 6 months was at 13 rs

suzlon price before 6 months was at 13 rs 

2:38 PM

Suzlon Energy Share Price

Market Target on suzlon is very positive, So Currently all the brokerage firms like motilal oswal , axis , hdfc are all positive for the achiving the suzlon taget in upcoming time are very clearlly 120 rs per share . 

As per the stregy it can be more than this target price