Desk
Share
Suzlon Energy Share Price Target 2025: Suzlon Energy's share price has fallen significantly in recent weeks. On Thursday, the power sector stock rose 5 percent and broke its five-day losing streak. The stock closed at Rs 56.73 on the NSE. Suzlon Energy's stock made a 52-week high of Rs 86.04 on September 12. From that level, its stock has fallen 34 percent and has become one of the top midcap losers.
At what level is the support (Suzlon Energy Share Support Level)
The stock has fallen by 34 per cent, calculated on Thursday's closing price. According to a report by ET Now, Angel One analyst Sneha Seth said that Suzlon Energy shares have fallen after a spectacular rally.
The stock moved in a one-way motion after decisively breaking the resistance near Rs 50 level. In the current downtrend, Suzlon Energy shares can show Rs 50 level as strong support.
What is the opinion for the stock
Seth said that if Suzlon Energy shares rebound from the current levels, it can rise by 10 percent. Above the level of Rs 62, Suzlon Energy will see a bullish trend. He advised to hold Suzlon Energy shares with a strong stop loss of Rs 49.
If recovery is seen from support or current levels, the target will be Rs 62. After the level of Rs 62, the bullish trend will resume.
