Is There More Downside to Come?
- Summary:
- With the bearish momentum in play, investors are questioning if further downside is on the horizon or if Suzlon can find stability…
Suzlon Energy’s (NSE: SUZLON) stock is experiencing a downward slide, shedding over 5% today and breaking below the 73.7 INR support level. This breach has raised concerns among traders as the next significant support level stands at 65.71 INR. With the bearish momentum in play, investors are left questioning whether further downside is on the horizon or if Suzlon can find stability around these lower levels.
Technical Levels to Watch
The technical picture for Suzlon Energy highlights several critical levels that could shape its next move. After slipping below 73.7 INR, the stock’s immediate…