SUZLON closed at ₹65.53 with a marginal gain of +0.40%, showing signs of consolidation after a strong rally in June. The stock is comfortably trading above all key EMAs (50, 100, 200, 500), indicating that the medium- to long-term trend remains bullish.
The 50 EMA (₹63.23) and 100 EMA (₹61.47) are offering dynamic support to the price. RSI is currently at 52.70, showing neutral momentum—neither overbought nor oversold.
A breakout above the ₹67.50–₹68.00 zone could resume bullish momentum towards ₹72–₹75 levels. On the downside, a break below ₹63 can invite short-term weakness toward ₹60–₹59 levels.
Trend Bias: Bullish-to-Neutral
Watch for: Breakout above ₹68 or breakdown below ₹63 for next leg of move.
SUZLON
#TechnicalViews

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