Buy/Accumulate : SUZLON ENERGY

[K.Karthik Raja]

Technicals for Investors.

*For Short Term Investor buy SUZLON ENERGY Strictly above 341 with the
stoploss of 313 and it's resistance around 375 & 385 (one month
target)
*For Medium Term Investors(6 month) Resistance is around 420 & 430
*For Long Term Investor(one year) Resistance is around 500 & 550
Moving Averages.:
Days BSE NSE
30 SMA 354.77 354.83
50 SMA 368.98 369.09
150 SMA 333.37 333.43
200 SMA 317.12 317.23

RSI also looking good for suzlon in terms of long term investment.


Fundamental Informations:

*Suzlon is in the process of developing Asia's largest windpark in
Dhule, Maharshtra with a capacity over 1000 MW when completed.
* The world of wind power is growing at a phenomenal pace.
Projections put the average growth of the industry at over 25% for the
next five years.
*Suzlon ranked as the fifth leading wind turbine supplier in the
world, with over 7.7% of global market share in 2006, according the
BTM Consult ApS World Market Update 2006.

Tulsi R Tanti Chairman and Managing director

Mkt Cap 49,720.61 | * P/E 40.72 | Div 50.00 | * EPS (TTM) 8.16 | B/
V: 129.04 Mkt Lot 1.00 | FV 2.00 | * EPS: As per stand alone
adjusted profit after extra-ordinary items.

Latest Nse's Update:
Suzlon Energy Limited has informed the Exchange that: "Suzlon Energy
Limited through its step-down wholly owned subsidiary company, SE
Drive Technik GmbH, Germany in joint venture with REpower Systems AG,
Germany has established a new company, namely, Renewable Energy
Technology Centre GmbH in Hamburg, Germany, wherein each firm holds
50% stake, with the objective of combining forces and to cooperate
strategically in the field of research and technical training". Date:
2008-02-08

www.kences1.blogspot.com
K.Karthik Raja