Triveni Turbine: Interesting, if not consolidates

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TRITURBINE catches my eyes because of:

  • Based on D/S: it's in a supply zone for sure.
  • But momentum is showing bullishness. (However it's often seen from RSI 70 level it can dips also)
  • Volume is very high.


There are 3 possibilities:

* Supply will kick in and pushed the price down 280 level (if today's low is broken)
* Breakout happens. Then it will head towards 350.
* Consolidates b/w 300 and 310.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.