Suzlon Energy is known for its ups and downs sometimes it rises sharply, and other times it goes through corrections. However, for long-term investors, it has proven to be a strong multibagger. Recently, the stock has shown bullish signs again, and analysts believe more upside may be ahead. Let’s break down what’s happening with Suzlon and what could come next.

Recent Stock Performance

• 1 Month: -6.35% (profit booking pressure)
• Past 1 Week: +6.61% (bullish recovery)
• 1 Year Return: +27%
• 3 Year Return: +719% (multibagger performance)

The stock recently dipped slightly (-0.70% to ₹66.83), but technical analysis suggests this could be a healthy pullback rather than weakness.

Key Price Levels to Watch

Support	Resistance	Target
₹61–62	₹70	₹80–85

If Suzlon closes above ₹70, it may start its next rally toward ₹80–85.

Technical View

Kunal Kamble

• A breakout occurred in late May with good volume support.
• As long as ₹61 remains intact, a move towards ₹80 is possible.

Om Mehra

• Suzlon has formed a saucer pattern, indicating long-term accumulation.
• If the stock crosses ₹70, likely targets are ₹78–85.

A.R. Ramachandran

• The daily chart shows a bullish trend.
• If the stock closes above ₹66, the next short-term target is ₹71.

Strong Fundamentals

Metric	Earlier	Latest	Growth
Net Profit	₹254 Cr	₹1,181 Cr	+364%
Revenue	₹2,179 Cr	₹3,773 Cr	+73.2%

Suzlon is a key player in the renewable energy sector, especially wind turbines and solar solutions. With the Indian government pushing green energy expansion, the company’s long-term outlook appears strong.

Conclusion

For Short-Term Traders

Watch the ₹61 support zone.
If it holds, the stock may move toward ₹70–80+.

For Long-Term Investors

Dips could be buying opportunities, given the positive sector outlook and strong fundamentals.

Caution

This is not investment advice. Always conduct your own research or consult a financial advisor before investing.