SUZLON - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

Technical Analysis Report for Suzlon Energy Ltd (SUZLON)

• Trend Status: Trending upward with moderate momentum
• Moving Averages: Price above 50 DMA (₹56.9) and near 200 DMA (₹59.1) — bullish alignment
• RSI: 67.9 — approaching overbought zone, signals strength with caution
• MACD: Slightly positive at 0.26 — mild bullish crossover
• Bollinger Bands: Price near upper band — breakout continuation possible
• Volume: Above weekly average — strong participation and momentum

Entry & Exit Zones

• Support Levels: ₹56.0 (DMA 50), ₹53.5 (trendline), ₹46.0 (52-week low)
• Resistance Levels: ₹61.5 (minor resistance), ₹66.0 (gap zone), ₹74.3 (52-week high)
• Optimal Entry: ₹56.5–₹58.0 (on pullback or consolidation)
• Optimal Exit: ₹66.0–₹74.0 (if momentum sustains)

Positive

• ROCE (36.2%) and ROE (45.6%) — excellent capital efficiency
• Debt-to-equity ratio of 0.01 — virtually debt-free
• PEG ratio of 0.74 — attractive growth-adjusted valuation
• Volume surge — strong market interest

Limitation

• RSI nearing 70 — risk of short-term correction
• MACD weakly positive — momentum not yet confirmed
• EPS of ₹1.33 — low earnings base relative to valuation

Company Negative News

• FII holding declined by 0.32%, DII by 0.03% — slight institutional outflows
• Quarterly PAT dropped from ₹1,144 Cr. to ₹346 Cr. — sharp sequential decline

Company Positive News

• Quarterly profit variation of 18.5% YoY — consistent annual growth

Industry

• Renewable energy sector — long-term growth driven by sustainability and policy support
• Industry P/E of 51.3 — SUZLON trades slightly below sector average (P/E of 47.6)

Conclusion

Suzlon Energy Ltd is currently trending upward with strong volume and technical support. While RSI and MACD suggest caution for short-term traders, the broader trend and fundamentals support further upside. Traders may consider entries near ₹56.5 with exits around ₹74.0, watching for confirmation through MACD strength and institutional flows.