Hehe jokes apart it does not mean that suzlon cannot bounce maybe it can.
For people interested in trading (technical) suzlon if a trade triggers on the long side ill let you know.Remember this is for trading so you have to getout for a loss if it does not work out
For now its wait and watch period, for a long trade to occur the stock 1st has to break the downtrend and give a powerful move to the upside. there is a volume spike into 7.2 so that will be the level to watch , is the stock bursts through this and say reaches 8 with volume then ill be looking to buy into pullbacks near the 7.5 and 7.3 levels I will have upside levels of 9 and 11 stoploss will be set below 7 so the theoretical risk reward for the trade is greater than 1:5 which would be pretty good.
If the stock goes below 6.4 from hewre on ill be looking for a similar ranger patter to form maybe near 4. So ill update this thread if and when a long trade triggers.