TRIVENI ENGG. & INDS. LTD
Long
Updated

Triveni Engineering & Industries LTD - Multiple Indicators

414
๐Ÿ“Š Script: TRIVENI (TRIVENI ENGINEERING & INDUSTRIES LIMITED)
๐Ÿ“Š Nifty50 Stock: NO
๐Ÿ“Š Sectoral Index: NIFTY500nif
๐Ÿ“Š Sector: Fast Moving Consumer Goods
๐Ÿ“Š Industry: Sugar / Agricultural Food & other Products

DAILY TIMEFRAME W PATTERN BREAKOUT

snapshot

WEEKLY TIMEFRAME MACD CROSSOVER AND DOUBLE MOVING AVERAGE CROSSOVER SOON


snapshot

Key highlights: ๐Ÿ’กโšก

This stock pick is according to my study. I have use few indicator that is

BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME

๐Ÿ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐Ÿ“ˆ Crossover in MACD .
๐Ÿ“ˆ Already Crossover in Double Moving Averages.
๐Ÿ“ˆ Volume is increasing along with price which is volume breakout.
๐Ÿ“ˆ Current RSI is around 76.
๐Ÿ“ˆ One can go for Swing Trade.

โฑ๏ธ C.M.P ๐Ÿ“‘๐Ÿ’ฐ- 291
๐ŸŸข Target ๐ŸŽฏ๐Ÿ† - 339
โš ๏ธ Stoploss โ˜ ๏ธ๐Ÿšซ - 267/260

โš ๏ธ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!๐Ÿฅ‚
Trade closed: stop reached

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