TRIVENI Trading Within Tested Demand ZoneTRIVENI is currently trading at ₹377.5, positioned within its tested demand zone between ₹378.75 and ₹366, identified on 13th June 2024. This zone has already demonstrated support in the past, which may continue to attract buying interest. Investors could consider this level for potential accumulation, anticipating a bounce from this proven support area.
Triveniengineering
Triveni : Breakout Candidate#Triveni #VCP #Breakout #trendingstock
Triveni : Swing Trade
>> Breakout Candidate
>> Trending Setup
>> Low PE Stock
>> VCP Visible
>> Good Strength & Volumes
>> Upside Potential ore than 20%
Swing Traders can lock Profit at 10% and keep Trailing
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Disclaimer : Charts shared are for study purpose only
TRIVENIThis is the chart of Triveni Engineering & Industries Limited, stock is moving in a fixed pattern and is showing positive momentum towards the upside. According to my analysis it will break the trendline and move further for targets of 365, 390, 415, ATH.
Stoploss - 320
Only for Educational Purpose
Do your own research
Triveni Engg : Breakout Candidate#Triveni #SwingTrade #momentumtrading #flagpattern #chartpatternbreakout
TRIVENI : Swing Trade
>> Flag Pattern Breakout candidate
>> Good Strength & Volumes
>> Levels mentioned on chart
>>Swing Traders can lock 10% profit & keep trailling
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Wonderful breakoutChart -> Triveni Eng Daily
Wonderful symmetrical triangle breakout.
CMP: 293
Good Range: 280 to 295
Target: 330, 360
SL: 275 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
TRIVENI ENGINEERING - 83% RETURNS!!!BUY - TRIVENI ENGINEERING
CMP - Rs. 284
Target - 1: Rs. 320
Target - 2: Rs. 520
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Technicals -
1) Bullish Symmetrical Triangle nearing BO
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Fundamentals -
A) SWOT ANALYSIS -
1) Strengths -
Stocks with improving cash flow, with good durability.
High Revenue and Profit Growth with a High Return on Capital Deployed (ROCE) and Low PE ratio.
High growth and High Return on Equity (ROE) with a Low PE ratio.
Increasing Revenue every Quarter for the past 4 Quarters.
Book Value per share Improving for the last 2 years.
Company with decreasing Promoter Pledge.
Strong Momentum: Price above short, medium, and long-term moving averages.
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2) Weaknesses -
Inefficient use of capital to generate profits - RoCE declining in the last 2 years.
Decline in Net Profit with falling Profit Margin (QoQ).
High promoter stock pledges.
The highest increase in pledges by promoters.
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3) Opportunities -
Brokers upgraded recommendations or target prices in the past three months.
Undervalued Growth Stocks.
Positive Breakout Second Resistance ( LTP > R2).
30-Day SMA crossing over 200-day SMA, and current price greater than open.
High Momentum Scores (Technical Scores greater than 50).
Stock with Low PE (PE < = 10).
Companies in Water Resource/Management.
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4) Threats -
0
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This is just a view by an expert analyst, please trade at your own risk.
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Triveni Engineering & Industries LTD - Multiple Indicators 📊 Script: TRIVENI (TRIVENI ENGINEERING & INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500nif
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Sugar / Agricultural Food & other Products
DAILY TIMEFRAME W PATTERN BREAKOUT
WEEKLY TIMEFRAME MACD CROSSOVER AND DOUBLE MOVING AVERAGE CROSSOVER SOON
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 76.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 291
🟢 Target 🎯🏆 - 339
⚠️ Stoploss ☠️🚫 - 267/260
⚠️ 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!🥂
W pattern breakout in TRIVENI ENGStock has already given breakout from its W pattern on 19th Sep, now price is coming for retest. For further upside moment in the stock stock has to close above 294.
Any price between 270-260 is good level to enter the trade, with stop loss @ 242.
All possible targets are marked on the chart.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:TRIVENI
Triveni Engineering Trading in Parallel Channel; Breakout chanceChart 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. ***