-possible resistance breakout with high volume
-it sector is on rise all stocks related to it sector are giving breakout
-after zone breakout it should give 30% return non stop
trigyn technology is IT company providing IT solution and service to india and global clients ,this stock chart is expanding between its lower and upper trendlines,considered its good.so technically stock is good for short and long term ,target for short term near 145 to 150
A bullish breakout of 14 month long consolidation in NSE:TRIGYN .
Daily & Weekly RSI both are in bullish zone.
One can crete fresh position in NSE:TRIGYN at 122 or below with a stop loss of Rs. 110 for 1st target of Rs. 133 and 2nd Target of Rs. 144
The risk to reward ration is 1:2
Exit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY...
Trigyn Technologies- Handle formation in progress.. Once it breaks, Target is from 360 400.. Monthly retracement to 0.618 is done long back. So if IT sector favours this will fly in months.
Note: This is for educational purpose only.
Stock Name - Trigyn Technologies 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 111
#This is not Buy and Sell recommendation to any one. This is for...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are...
Price has breached its all time high resistance. Cup with handle pattern fulfilled.now in correction phase. If it sustains then good upward move will come
Guys this is a follow up analysis of TRIGYN that I posted on 22 December 2021.
It has moved more than 60% in 3 weeks. Now it's consolidating but to move up its necessary.
It's going as per my analysis. Hope it'll reach the target on time. If any changes occur I'll update.
Thanks for ur support!
Guys this is a follow of the trade.
It's given 54% in just 2 weeks. Target is 135% which I assume (as per momentum) will hit on time. Let's wait. Those who taken this trade comment below.
