Looking good above 232.5 aggressively or Safe entry will be above 235 level
Triveni is a market leader in Sugar, Ethanol & Alcohol, Power Transmission, and Water Treatment Solutions in India. The has made a new 52 weeks high today , volume is strong and it looks a solid breakout
Chart is self explanatory; SL below 205 levels. Can wait to go long if it breaks through the channel with volumes. If stock retraces, enter at lower channel for a rangebound upmove. *** I am not SEBI Registered Advisor. Kindly consult with your advisor before taking trade. ***
Look fresh in range 195-205 for upside 260/300 MED TERM with SL 160..!!!
indications for breakout - 1.formation of cup and handle pattern on daily time frame 2.failed once and again approaching resistance level with volume 3.increasing in volume with bullish candle 4.% of Deliverable Quantity to Traded Quantity 42.46 % recorded on date 2-11-21 this analysis is for education purpose only.
triveni chart analysis for intraday and swing trading
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
The stock was in a non stop uptrend for the past 1 year and after taking a break it has started rising again after multiple breakouts and retests as shown in the chart and RSI also shows it is very strong. FOLLOW this account for more such content ahead Till then, Happy Trading :)
Triveni Engineering has given vertical breakout. volume looks decent for a good upmove. targets and stoploss are marked on the chart.
triveni chart analysis for intraday and swing trading
Looks good for swing traders with a very good RR of 1:3. Good fundamental stock.Plan your risk first. SL below the lower TL @165
Looks Consolidated for too long Holding its support Broke the Downtrend line finally Great Risk to Reward
Positional Trade: Buy: Triveni Engineering CMP: 192 Target 1: 210 Target 2: 213 Stop Loss: 178
Triveni Enginering Past stock goes from 80 to 180 in less than 2 months. now again ready for big move Above 21 MA, 55 MA, 100 MA. Supertrend is positve RSI is Good. Buy zone - 181.23 (vwap of 8th june)(bullish candle with high vol.) Stop loss - 161.20 or 161 (lower of High vol. candle) + match with Fibonacci Target - 225 (using Fibonacci) Risk to Reward Ratio...
#TRITURBINE NSE: TRITURBINE CMP 107.50 TARGET 122++ HOLD AFTER BOOKING APART! Long Term Target 146++ Factors: BREAKOUT Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. Risk...