SUZLON - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Intraday Trade Analysis for SUZLON

IntraDay Trade Rating: 3.8

This rating reflects a mixed-to-cautiously bullish setup. While fundamentals and volume are strong, technical indicators suggest short-term weakness and volatility.

🔍 Technical Overview

RSI (37.6): Approaching oversold territory — signals potential for bounce but currently weak.

MACD (-0.51): Bearish crossover — momentum is fading.

Volume (6.2 Cr vs Avg 5.2 Cr): High volume indicates strong interest, but may also reflect distribution.

Price near 200 DMA (60.7 ₹): Testing long-term support zone.

💡 Intraday Strategy

✅ Fresh Entry (Buy Today)

Optimal Buy Zone: ₹60.5–₹61.0 (near 200 DMA and support)

Profit Targets

Target 1: ₹62.5 (recent resistance)

Target 2: ₹63.4 (weekly target zone

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Stop Loss: ₹59.5 (below intraday low and key support)

🚪 If Already Holding Today

Exit on Weakness

If price fails to hold above ₹60.5 with continued MACD divergence and RSI < 35.

Exit on Strength

If price breaks ₹62.5 with rising volume and RSI > 45, trail stop to ₹61.5.

⚠️ Risk Factors

MACD and RSI both show bearish momentum.

High P/E (40.5) vs Industry PE (57.2) is acceptable, but valuation is stretched.

Zero dividend yield and low book value may limit defensive appeal.

Quarterly profit spike (320%) is impressive, but sustainability is uncertain.

Would you like a comparative intraday setup for BHEL or INOXWIND from the same sector? Or maybe a swing trade idea based on Suzlon’s weekly breakout levels?

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