TRIVENI trade ideas
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.
Double pattern breakout in Triveni engineeringI daily make educational content videos for swing / positional trading
TRIVENI ENGINEERING BRAKEDOWNNNNNNNThis posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give v.huge profits too,So dont judge this channel on any one trade or one day,U take average of all trades and see the average returns,I am not responsible for any kind of losses or profits u face,PLEASE TRADE ON YOUR OWN RISK.
SELL BELOW LOW OF BRAKEOUT CANDLE
SELL 277.1
SL 282.85
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 TURBINE - DAY CHART -10.02.2023 - BAHAVAN CAPITALTRIVENI TURBINE as per day chart analysis
Stock ABOVE 282 TARGET 285
Happy Profitable Trading to All...
Long TriveniTriveni is looking good as per time and price cycle analysis.
Expecting 10% movement minimum SL below 280
Triveni - Possible Upmove - Ascending TriangleTriveni :
Looks great for an Ascending Triangle breakout
Possibility of quick 10 percent upmove
TRIVENITRIVENI:- Rounding Bottom Pattern Formed, wait for breakout. keep on eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Triveni Engineering - Sugar PlayWith sugar prices on the move again Triveni with its expanded ethanol capacity could do very well
Long above 283.50.
Stoploss below 270.
The price could break a trendline resistance and move much higher if sugar prices continue to rise.
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.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
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- Ichimoku Bullish Breakout Stock Name - Triveni Engineering & Industries 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 295
#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.
triveni enggtriveni eng ....
1 - forming double bottom
2 - bullish rsi momentum 72
3 - very good volume
4 - price trading above 100 ma
buy above day high
t1 , t2 , t3
TRIVENI BUY @ 246.25entry 246.25
Qty 25
SL 241
Risk 130rs
Breakout on smaller time frames after consolidated in a very small and tight range
TRIVENI LongStock looks good for a move up at the break of plot
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
Too sugary to ignoreChannel bottom plus horizontal support on weekly. Convergence ! Get in at these levels. Sugar sector will bounce and best bet in Sugar. Disinvestment also on the cards and will be value unlocking for the shareholders.
Triveni Engineering share price at low risk long opportunityTriveni Engineering is at key levels. The price is resting at the 30 week MA and on an ascending channel support... while the week is not over yet, one can monitor till close to end of today and take position as per ones risk appetite... a close below the channel negates any long trade and that is stop loss level.
Static and Dynamic supportThis chart is explaining static and dynamic support.
here horizonal base line is creating as static support
and 200 EMA is creating dynamic support
arrow upside mark below 200 EMA is showing dynamic support for price
arrow upside mark below horizontal line is showing horizontal support line
click like button if you like this support tutorial
TRIVENI ENGINEERING BREAKOUT 🎯30%+NSE:TRIVENI broke out from ascending triangle pattern.
Closing is strong and volumes are very good.
Enter 30% position at C.M.P and rest after retrace.
Potential BTST trade can also be taken in view of today's huge momentum candle. If trade doesn't work out, hold with strict stoploss.
Targets: 280/300/320
Sl to be placed below the pattern (210 levels)
Position size according to your risk. HAPPY TRADING!
