Triveni Engineering - Positional Trade Idea 🚀
📈 Breakout Retest Opportunity
Triveni Engineering is showing strong bullish momentum as it reclaims key resistance levels near ₹485 on the weekly chart, supported by increasing volume.
Entry Zone: ₹485-490
Target 1: ₹540
Target 2: ₹600
Stop-loss: ₹450
RSI at 62 confirms strength, while trend indicators suggest continuation of the upward trajectory.
#TriveniEngineering #BreakoutTrade #PositionalTrading #NSE
📈 Breakout Retest Opportunity
Triveni Engineering is showing strong bullish momentum as it reclaims key resistance levels near ₹485 on the weekly chart, supported by increasing volume.
Entry Zone: ₹485-490
Target 1: ₹540
Target 2: ₹600
Stop-loss: ₹450
RSI at 62 confirms strength, while trend indicators suggest continuation of the upward trajectory.
#TriveniEngineering #BreakoutTrade #PositionalTrading #NSE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.