Triveni - Breakout (Target - 225, SL 161, Buy zone 181.23)
Triveni Enginering
Past stock goes from 80 to 180 in less than 2 months.
now again ready for big move
Above 21 MA, 55 MA, 100 MA.
Supertrend is positve
RSI is Good.
Buy zone - 181.23 (vwap of 8th june)(bullish candle with high vol.)
Stop loss - 161.20 or 161 (lower of High vol. candle) + match with Fibonacci
Target - 225 (using Fibonacci)
Risk to Reward Ratio - 1:2
correct me or Guide me, if i'm wrong at some point.
#MyFirstTrade
Past stock goes from 80 to 180 in less than 2 months.
now again ready for big move
Above 21 MA, 55 MA, 100 MA.
Supertrend is positve
RSI is Good.
Buy zone - 181.23 (vwap of 8th june)(bullish candle with high vol.)
Stop loss - 161.20 or 161 (lower of High vol. candle) + match with Fibonacci
Target - 225 (using Fibonacci)
Risk to Reward Ratio - 1:2
correct me or Guide me, if i'm wrong at some point.
#MyFirstTrade
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