TRIVENI trade ideas
Triveni engg pennant breakout imminentrsi about to break out and pennant looks perfect for targets shown in blue arrow - T1 and T2
Analysis of Triveni engineeringIf fall continue..then it can take support at the following mentioned levels.
Uptrand {Long Term}There is the uprand stock . And clearly see the is on support zone.
It can move a big uside upto 10 %.
Triveni - Breakout (Target - 225, SL 161, Buy zone 181.23)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 - 1:2
correct me or Guide me, if i'm wrong at some point.
#MyFirstTrade
Range Breakout with Good Volume Price chart and volume indicates that stock have good upside potential.
Triveni Eng
Stop Loss : 160
Target: Let your profit run
CMP: 193
Range Breakout with consistent High VolumeBuy Triveni Eng. at current level for good upswing. This stock has crossed all time high at 109 couple of months back and then consolidated for about a month. Triveni broke its range this week with good volume and good volume support.
Triveni Engineering-Cup and Handle with Golden Cross Over Triveni Engineering : Cup & Handle on weekly chart. Breakout with neckline at 83 and looks good for 50% upside
Golden Cross Over Formation on Weekly Chart : 50 SMA about to cross over 200 SMA
CMP : 83
Target : 132
SL : 71
Almost 1:4 risk reward setup
Immediate Resistance : 100 (short term target)
Chart Only for Education Purpose
Triveni Engineering rocket works pull back to watch and loadTriveni Engineering has relative strength in this market however has an overthrow way past the channel of resistance. I wamt tp see this come back to 122 and test support before going higher. I am looking for a low volume pull back to add an entry. See chart I want to see this supply here to be absorbed to give me comfort this will go to 250. If a crash scenario comes I will buy head over foots below 96 -82
Triveni Engineering rocket worksAny pull back in this name should be picked up Relative Strength and C&H breakout on Monthly charts missed this sweet volume breakout.
TRIVENIAfter long time BO with Vol , Immediate we can see 102/122 & after ward 136
Entry was @ 88
SL will be 68 RR is 1:2 Approx
Abv Chart is for Study Purpose Only....
Trivenieng formed head and shoulder good to buy around 80-82Target for medium to long term is 126 sl 62 (consult your financial advisor before entering)
TRIVENI Weekly TL BreakoutLevels already mentioned.. Look for swing..
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Triveni Engineering Equity Buy Positional TradeTriveni Engineering gave a breakout on a 1D chart. The chart pattern is a rectangle.
There is volume confirmation. The time frame can take up to 3 to 5 months also.
Buy around 80 to 83.50. Target 96. Stoploss is 66 on a closing basis.
This is for educational purpose. Take trade as per your risk management and appetite.
Target is 80If break the the resistance of 90 go for the target 95-100. otherwise if you want to to make a short term position go for the target of 90 carry forward if signal positive after 90....it will fly for 100
