Stock Ideas: ZEEL, SUZLON

ZEEL: Zee Limited
Flag Breakout:

05-Nov-09	225
17-Nov-09	274
Distance	49
Consolidation:
Start	18-Nov-09
End	21-Dec-09
BO Day	21-Dec-09
CMP	267
Tgt	310
SL	251

 Today Volume was also higher than last 24 days

Pivot Points

SUZLON: Continues in Upward Trajectory: CMP: 84.25

Suzlon is going great guns. The stock has broken out of its downward channel, and there is rather falling complex sort of HnS pattern on the chart, which has 110+ target on stock. Today stock made high at daily 89 SMA level, and it is at major EMA contraction zone. The 50 day SMA is at 76.909

I am long in this stock since price of Rs. 79, now SL moved to 79. Pivot Points on chart

Disclaimer:

These studies are based on technical analysis and the author nor the webpage shall be responsible for the profits or losses. The author may or may not have personal holding.
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