Triveni forming a cup and handle, it's touching all-time high, fib R2 breached in the daily timeframe. Good fundamentals, Ethanol and hydropower generation catalyst
@Bharath_Trades, Thanks, be cautious tho, keep your stop loss ready. Trail it and enjoy if it moves up
Bharath_Trades
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@lakshay1994kukreja, Stock needs more volume to fly. Cup and handle, setup seems that its poised to go up. But it's unable to give a breakout past 210-212 levels.
lakshay1994kukreja
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@Bharath_Trades, True, I feel this stock is underrated. Right now most focus is on Index heavyweights due to results, that is why it is muted. I have exited the position but kept an alert.
Bharath_Trades
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@lakshay1994kukreja, Stock is moving today Bhai. Fingers crossed. I took position at high price of 208.85 Avg. Expecting some breakout today as the volume looks good. Agree with you about too much focus on Index. IT stocks and Banks - Took the center stage.
Keep coming up with wonderful analysis like this. Thank you.