#Educational #Engineering #Triveni Turbine - Looking good.#Triveni Turbine -
> Stock in uptrend.
> Breakout with volumes.
> Major MA are in good shape.
> RSI showing strength.
TRITURBINE trade ideas
Breakout In TRITURBINECMP : 324
Target : 363
Stoploss : 296
RR : 1:4
This is not a buy or sell call, this analysis is shared for educational purpose.
Triveni Turbine - Long Setup, Move is ON...#TRITURBINE gave an entry at 113.05 on breakout.
Has moved from 113.05 to 262.45 levels.
It is now trading above Resistance 3 of 242.
Next Resistance 4 is at 364.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Triveni Turbine head and shoulderStock has given head and shoulder breakout. The momentum shall continue after a retest at the breakout level and could move towards 360-370.
H&S Pattern BO- H&S BO with massive volume
- A significant upper wick shows selling pressure is still there and in 15m tf it has formed a Lower High
- keep a close watch tomorrow, i thing it will retest the BO zone
- Make sure there is a rejection candle if you plan to enter in a trade
LONG on triveni turbinesDamn the volumes are coming in!
Triveni turbine is a neat company and now a RSI breakout is there.
Levels marked. Keep tight sl due to market weather conditions.
TRIVENI TURBINE Hourly looking bullishTRIVENI TURBINE Hourly chart has inverted head n shoulder breakout/trendline breakout.
Good to buy at 323 for target of 401 with sl below 302
TRITURBINE on Breakout; above 310 for Intraday on WednesdayTRITURBINE on Breakout and with good volume; above 310 on Wednesday 22nd Feb for Intraday gains
-------------------------------------------------------------
INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Triveni Turbine: Interesting, if not consolidatesNSE:TRITURBINE catches my eyes because of:
Based on D/S: it's in a supply zone for sure.
But momentum is showing bullishness. (However it's often seen from RSI 70 level it can dips also)
Volume is very high.
There are 3 possibilities:
Supply will kick in and pushed the price down 280 level (if today's low is broken)
Breakout happens. Then it will head towards 350.
Consolidates b/w 300 and 310.
good volume with up trend near break out buy and hold good volume come. trend continues up and also good number shown quarter.
Triveni Turbine - Upward consolidationUpward parallel consolidation taking place. Slow movement is happening. A 35% upward movement can be expected from this level within 60 days.
TRITURBINE Looks bullish also can give 20% up movementConsolidation + heavy buying
retracement is also done
50 and 100 moving average is also close
supertrend is positive
TRIVENI TURBINE - DAY CHART - 12.01.2023 - BAHAVAN CAPITALTRIVENI TURBINE as per Day Chart Analysis
Stock ABOVE 276 TARGET 280
Happy Profitable Trading to all...
Long term investment idea TRITURBINEGood setup. Good fundamentals. Best stock to hold with trailing stoploss.
TRIVENI TURBINE - DAY CHART - 07.01.2023 - BAHAVAN CAPITALTRIVENI TURBINE as per Day Chart Analysis Stock
ABOVE 256 TARGET 260
Three consecutive days market fall due to increased selling pressure by FII Net selling 2902.46 Cr and DII Net Buying at 1083.17 Cr.
Monday Nifty may take a support at 17771 and Bank Nifty may take a support at 41677 then form a bullish or an inside bar candle.
So next week onwards market may move upwards due to quartely results announcement of various companies like TCS, HCL, WIPRO, INFOSYS etc...
Happy Weekend...
TRITURBINE on Breakout. BUY above 308 for Intraday tomorrowTRITURBINE on Breakout and with good volume . BUY above 308 tomorrow (Thursday 15th December) for Intraday gains
-------------------------------------------------------------
INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage : The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
sBoth Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
TriTurbine : Channel Breakout possibilityTriturbine :
Channel Breakout Possibility
Sustaining 300 is crucial for possible strong upmove
TRITURBINE IS READY TO KEEP YOUR PORTFOLIO WARM IN THIS COLD TRITURBINE looking warm to keep your portfolio above 307 . ride with sl - 275 and target - 350/380/460+
Turbine chart with Turbo powerA decisive close above 300 will suggest that price has resolved out of a flag pattern, targeting around 325-330 levels.
TRITURBINE: ATHCMP: 287
- A small consolidation near All-Time High
- It has been trading above 21 EMA
- It may catch the momentum again above 295
TRIVENI TURBINE - DAY CHART - 02.11.22 - BAHAVAN CAPITALTRIVENI TURBINE as per day chart analysis Above 288 Target 294.
Happy Profitable Trading to All...
Diwali Pick: TRIVENI TURBINEAfter giving a multiyear breakout stock is rising in an impulsive manner and broken the parallel channel which suggests that a third wave is in progress. The Stock is forming higher highs and higher lows in all the time frame which is the basic definition of an UPTREND. The previous resistance zone of 200-215 shall act as a support in the coming months and stock should its uptrend towards 460 and 590 in the coming months.
TRITURBINE - Ichimoku Bullish Breakout Stock Name - Triveni Turbine 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 221
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
