Suzlon Share Price | Experts gave important hints on Suzlon Energy share, should the share be BUY or SELL – NSE: SUZLON
Suzlon Share Price | On Saturday, January 18, 2025, Suzlon Energy Company shares were trading 0.21% higher at Rs 56.99. The 52-week high of Suzlon Energy Company stock was Rs 86.04, while the 52-week low of the stock was Rs 35.50. The total market cap of Suzlon Energy Limited Company currently stands at Rs 76,945 crore.
Wealthmills Securities Brokerage Firm
Kranti Bathini, equity strategy expert at Wealthmills Securities brokerage firm, said that high risk discretionary investors can buy shares of Suzlon Energy Limited Company. Experts said that if Suzlon Energy shares fall due to the boom in the renewable energy sector, investors can buy more shares. On Monday (January 20, 2025), the stock was trading at Rs 56.5, down 0.58%.
Suzlon Energy Share Support and Resistance Levels
Talking about technical setup, support of Suzlon Energy share can be given in the range of Rs 58-54. Apart from this, for positive trend reversal in Suzlon Energy share, there is a need to rise beyond the zone of Rs 65-70. However, an analyst has advised not to buy Suzlon shares at the current levels.
Angel One Broking Firm
Osho Krishna, stock market expert of Angel One Broking firm, said that Suzlon Energy shares started declining after the consolidation phase near the subzone of Rs 66-70. The stock is likely to take some relief from recent lows of Rs 56-54 and needs to be kept an eye on. This is because further decline in the stock could cause losses in the short term. Experts have said that the upper zone of Rs 65-70 can be a strong barrier at the top of Suzlon shares.
Anand Rathi Broking Firm
Stock market expert Jigar S Patel of Anand Rathi Broking firm said that support for Suzlon Energy share will be at Rs 58 and resistance at Rs 62. If Suzlon Energy stock rises above Rs 62, it can rise above Rs 65. Experts say that the short term trading range of Suzlon Energy share is expected to be between Rs 57 to Rs 65.
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