Details:
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...
Triveni Engineering and Industries Ltd is an Integrated and diversified conglomerate in the areas of sugar, ethanol, and engineering.
The Stock has given a successful breakout of Flag and pole pattern, falling wedge, and a consolidation of six months.
You can make an entry with R:R :: 1:2.
I am expecting Triveni to go bullish.
Reason:
Bullish Flag and POLE...
