Suzlon have been underperforming the Index since quite a some time. But in the last 2 trading sessions it seems that the stock may bottom out at current levels. Close above Rs.45 levels may prove to be positive for the stock. Suzlon will face resistance at 46.35 -46.50 levels. Close above the same can take the stock to 50.50 levels in short term with some stops at 48.00 to 49.00. Volumes have rising since last 2 days. Close above the Diagonal trendline can make the stock move upward. Suzlon can be bought a current levels with SL of 43.50.
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