Triveni Turbine - Breakout Setup, Move is ON...#TRITURBINE trading above Resistance of 687
Next Resistance is at 816
Support is at 552
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TRITURBINE
MACD Crossover Swing Trade📊 Script: GODREJPROP
📊 Sector: Realty
📊 Industry: Construction
⏱️ C.M.P 📑💰- 2842
🟢 Target 🎯🏆 - 3009
⚠️ Stoploss ☠️🚫 - 2756
📊 Script: ASAHIINDIA
📊 Sector: Glass & Glass Products
📊 Industry: Glass & Glass Products
⏱️ C.M.P 📑💰- 640
🟢 Target 🎯🏆 - 671
⚠️ Stoploss ☠️🚫 - 621
📊 Script: NH
📊 Sector: Healthcare
📊 Industry: Healthcare
⏱️ C.M.P 📑💰- 1265
🟢 Target 🎯🏆 - 1343
⚠️ Stoploss ☠️🚫 - 1247
📊 Script: TRITURBINE
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
⏱️ C.M.P 📑💰- 569
🟢 Target 🎯🏆 - 609
⚠️ Stoploss ☠️🚫 - 563
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Crossover - TRITURBINE📊 Script: TRITURBINE
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages also giving Crossover.
📈 Right now RSI is around 71.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 537
🟢 Target 🎯🏆 - 591
⚠️ Stoploss ☠️🚫 - 507
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Bullish Breakout: Triveni Turbine Signals Potential UpmoveDetails:
Asset: Triveni Turbine Limited (TRIVENI)
Breakout Level: Sustaining above 650
Potential Target: Upside momentum expected
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Triveni Turbine Limited (TRIVENI) is indicating a potential breakout above the 650 level, accompanied by breaking out of a channel pattern. Sustaining above this level could signify a bullish sentiment shift and could lead to a significant upmove.
Market Analysis:
Technical Breakout: Breaking out of the channel pattern and sustaining above 650 suggests a technical breakout, potentially attracting buying interest and driving the price higher.
Market Sentiment: Positive market sentiment or company-specific factors may be contributing to the anticipated breakout in TRIVENI.
Price Target:
The potential upside target for TRIVENI is not specified but is expected to be significant if the breakout sustains.
Risk Management:
It's crucial to implement a stop loss strategy below the breakout level to manage risk in case of unexpected price reversals.
Timeframe:
The projected upside move for TRIVENI is based on a short to medium-term outlook, but actual timing may vary based on market conditions.
Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio.
As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions.
TRITURBINE Analysis & Prediction For Swing TradingThis is the analysis of TRITURBINE in Daily Time Frame. Watch carefully. The chart explains itself. If it will sustain above the breakout level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About TRITURBINE :
Triveni Turbine Ltd. operates as a holding company. The firm engages in the operation, manufacture and maintenance of steam turbines. It focuses on power generating equipment and solutions. The company was founded on June 27, 1995 and is headquartered in Noida, India.
Triveni Turbine - Breakout Setup, Move is ON...#TRITURBINE trading above Resistance of 486
Next Resistance is at 552
Support is at 364
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Triveni Turbine - Long Setup, Move is ON...#TRITURBINE trading above Resistance of 364
Next Resistance is at 486
Support is at 241.95
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TRITURBINETRITURBINE:- Head and shoulder pattern is formed, and breakout is also found, if we want to plan something then we have to wait for retest because breakout candle is very big, till then keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Triveni turbine weekly breakoutTriturbine stock has given a weekly breakout from rising wedge pattern.
Yesterday, the stock closed above 310 which was its ATH closing which was an indication for the breakout. 300-310 will act as a strong support now for the stock. It is better to wait for a retracement and watch the price action at support.
The stock is in uptrend and is looking positive as a positional trade.
Sharing this chart only for educational purposes.
Triveni Turbine - Long Setup, Move is ON...#TRITURBINE gave an entry at 113.05 on breakout.
Has moved from 113.05 to 262.45 levels.
It is now trading above Resistance 3 of 242.
Next Resistance 4 is at 364.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TRITURBINE - Ichimoku Bullish Breakout Stock Name - Triveni Turbine Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 221
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
TRITURBINE - Ichimoku Bullish Breakout Stock Name - Triveni Turbine Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 273.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.