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Technicals for Triveni Engineering & Industries Limited
By MusingTheNews
2025-09-04 20:44
Overall Technical outlook
Price Summary
Triveni Engineering & Industries Limited's stock began trading at 366.55 on 2025-09-04, soared to 368.45, dipped to 361.1, and finished the day -0.75% lower at 363.8, with 310353 shares exchanged. The stock reached its highest price of 507.5 and lowest price of 327.55 over the last 52 weeks. The anticipated price is forecasted to be between 342.0 and 582.0, with an average price expectation of 482.8, based on input from 5 analysts.
Technicals
Support and Resistance: At 363.8, the price is held up by support at 345.15 and faces resistance at 365.25 for TRIVENI. This suggests a trading range where 345.15 provides a base and 365.25 limits upward movement. Support/Resistance for TRIVENI
Aroon: Aroon's bullish trend persists, with Aroon Up at the 100 level, signaling strong upward momentum. Further exploration with additional indicators is needed to confirm the trend's durability and potential for continued growth. Aroon chart for Triveni Engineering & Industries Limited
Bol. Bands: As the price falls below the upper Bollinger Band, it suggests a potential shift to a downward trend. This movement may indicate that the asset's recent uptrend is losing steam, prompting traders to anticipate a decline. Such a signal could be interpreted as a warning of an overbought condition, where the price correction is likely, making it a critical juncture for trading decisions. Bolinger Bands chart for Triveni Engineering & Industries Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Triveni Engineering & Industries Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Triveni Engineering & Industries Limited
Stochastic: The stochastic indicator reflects bullish conditions for TRIVENI, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength. Stochastic chart for Triveni Engineering & Industries Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for TRIVENI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Triveni Engineering & Industries Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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