SUZLON - Technical Analysis

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

Technical Rating: 3.2

Here’s a detailed technical analysis of Suzlon Energy Ltd. (SUZLON)

📊 Trend Overview

Current Trend: Weakening with potential reversal signals

Price is below 50-DMA (₹64.2) and slightly above 200-DMA (₹60.7) — mixed signals.

RSI (37.6) — approaching oversold territory, suggesting weakening momentum.

MACD (-0.51) — bearish crossover, confirming downward pressure.

Volume: Surged above 1-week average — indicates strong selling or distribution.

📈 Chart Patterns & Indicators

Moving Averages

Price < 50-DMA but > 200-DMA → short-term bearish, long-term support intact.

Bollinger Bands

Price near lower band — possible bounce or breakdown.

Support Levels

₹60.7 (200-DMA)

₹58.5 – ₹59.5 (recent base zone)

₹46.0 (52-week low)

Resistance Levels

₹64.2 (50-DMA)

₹68.0 – ₹70.0 (swing highs)

₹86.0 (52-week high)

🔍 Momentum Signals

Short-Term Bias: Bearish with oversold potential

RSI < 40 and MACD negative — momentum favors downside.

Volume spike may signal capitulation or panic selling.

Volume Trend: Rising — but skewed toward bearish sentiment.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry ₹58.5 – ₹61.0 Near support, oversold RSI

Exit Target ₹64.2 – ₹68.0 Resistance at 50-DMA and swing highs

Stop Loss ₹57.0 Below recent support zone

🧠 Summary

SUZLON is currently consolidating with a bearish tilt, showing signs of short-term weakness. However, strong fundamentals (low debt, high ROE/ROCE, and explosive profit growth) may attract bargain hunters near support zones. A tactical entry near ₹58.5–₹61.0 could be considered if RSI stabilizes and volume normalizes. Watch for a breakout above ₹64.2 with confirmation before chasing upside.

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