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EMA & KAMA cross over + volume growth + today's results :)
TRIVENI ENG - Close above 50.20 will give a positive upside. Minimum Target 15%
Current Date :- 13 Sep'18
levels mentioned on the chart
triveni engineerings is a good bet for potential longterm investors those who can wait for 3 to 5 years time frame.
The stock momentum is good and the trend is confirmed in the way of bullish. We recommend to add at 92 to 95 with the target of 105.
Triveni Engineering has formed bullish flag pattern and might go up in coming days. It can be bought now with a target of 108 and stop loss of 89. To reduce the risk one can wait for a bounce from 92.
TRIVENI: 101 A good breakout heading for ATH
Triveni Engineering & Industries Ltd: ₹73.05 is turning up from a double bottom support,
the stock is in a highly oversold region and having a breakout from the trading range.
Next resistance ₹85, STOP: ₹70
Triveni is a sugar' stock but the fundamentals are not like that, it is having a huge debt burden.
The current performance is somewhat in an acceptable ...
Most of sugar stock already made fancy run. Triveni is somehow diversified company execpet sugar production engaged in Water treatment, turbine etc and can move more higher at future. But short term I am expecting another 5-8%.