triveni turbinetriveni turbine looking good for short term investment
CMP -300 Buy @290-300 SL@270 TGT- Open
TRITURBINE trade ideas
TRIVENI TURBINE - DAY CHART - 09.01.2023 - BAHAVAN CAPITALTRIVENI TURBINE as per Day Chart Analysis Stock
ABOVE 264 TARGET 268
Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr.
Nifty Once Breaks the resistance at 18169 then the target is 18240 level.
Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level
Tomorrow Market trend to be on the positive side..
Happy Profitable Trading to all...
TRITURBINE TREND REVERSAL Triveni Turbine Ltd has formed double top pattern on daily timeframe. In today's trading section it has given breakdown of it's neckline and also gave closing. We might see a down side move in the stock in upcoming trading sections. The next immediate support for stock is 248 Rs level.
Triveni Turbine Ltd.P&F Pattern: Monthly Basis
Strong Price & Vol. BuiltUp / BreakOut
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
Estab. in '80, engaged in Manufacturing/Supply of power generating equipment/solutions.
Mkt. leader in Steam Turbines upto 30MW (India).
Caters to >15 Sectors. Strong Revenue diversification.
Product/After Market Sales: 73%/27%. Dom/Exp. Revenue: 54%/46%.
Growing Sales/Profitability on Qtrly/Yrly Basis.
Sharp jump in RoA/RoE (Double Digits)/ RoCE down in FY22 vs. FY21.Strong/Growing TNW. Nil Debt.
+ve CF from Ops (Growing Sharply). Improving WC Cycle since FY20.
Promoter Stake Stable. FII stake Up since Sep'20. DII down since Dec'21.
Order Book: D/E=Rs.250 Crs/110 Crs (Q1FY23).
*Concern:*
Sales vulnerable to Capex cycle in end-user industries.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
Triveni TurbineTriveni Turbine Retracement done. I will hit the target as per the chart pattern.
Disc: Not a trading recommendation. Only for Learning Purpose.
Triveni Turbinesince from Mar/Apr 2020 Triveni Turbine moves in a definite channel pattern showing an space for appreciation, in my view, based on technical analysis.
TRIVENI TURBINE FROM SMALL CAPTriveni Turbine come out with clear breakout on daily and weekly chart.
Long term Target : 250/275
TRITURBINEIt makes good high. Need some correction now to demand zone for new investors and wash out weak hands.
Triveni Turbine High Delivery is going OnEverything Explained in Chart Nicely
Forming of Darvas Box
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triveni turbineCo has transitioned to renewable-based products & customers. Order intake for the quarter stands at Rs 300 cr, says Nikhil Sawhney of Triveni Turbine
buy at retracement stock is at upper trendline of channel (weekly time frame)
Volume also good
It is now at peak point ........just observe the price action and then take trade
Triveni Turbine 4-AugStcok has completed its breakout and retest routine
Strong structure is visible on weekly and daily charts with huge volume support on delivery side
Moving adead to ATH
Breakout, pullback and again moving upTriveni has moved 9% today with good volumes.
CMP -122
target - 132
It depends how the market will move...last few sessions market has been trading in red. This is an idea, not advice to trade.
BO and Moving up Triveni has broken out of what appears a wedge like pattern with good volumes..
CMP - 122.5
Target 1- 132
Target 2 - 146
Trade after doing your own research. Put a stop loss and trade. This is a small cap so please be cautious.
#Triveni_TurbineThe weekly chart shows 3-week volatility or range contraction
One can initiate long above 104
Stoploss weekly close below 94
Targets 115 , 127, 147+
Disc : Educational post
Triturbine Target 200Triturbine 2 Year BO with Strong Volume Stock up 14% Buy CMP or Dips Target 200
