TRITURBINE - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 4.2

Triveni Turbine Ltd (TRITURBINE) presents a strong intraday setup, supported by bullish technical indicators, solid fundamentals, and favorable short-term price action. Despite recent consolidation, the stock shows signs of upward momentum and is well-positioned for a tactical intraday trade.

🔍 Technical & Momentum Indicators

Indicator Value Signal

RSI 39.3 Near oversold — potential for bounce

MACD 2.14 Bullish crossover — momentum building

Volume 5.22 lakh vs avg 7.15 lakh Slightly below average — watch for volume spike confirmation

Price vs DMA Near 50 DMA (₹615) & 200 DMA (₹608) Consolidating — breakout possible

ADX Strong trend expected Bullish trend continuation likely

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SAR Bullish reversal signal Mild upward movement expected

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📈 Intraday Trade Setup

✅ If Considering Entry

Optimal Buy Zone: ₹605–₹608 (near support and pivot zone)

Profit Targets

Conservative: ₹616

Aggressive: ₹619.5–₹624.9 (based on weekly projections)

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Stop Loss: ₹598.4 (below key support and SAR level)

🕒 If Already Holding

Exit on Strength: ₹616–₹624.9 zone — aligns with resistance and bullish forecast

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Exit on Weakness: If price dips below ₹598.4 with rising volume or MACD turns negative

Watch for: Price action near ₹610.75 — opening above this level signals bullish sentiment

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🧠 Final Verdict

TRITURBINE is a high-confidence intraday candidate, backed by

Strong ROCE (44.2%) and ROE (32.8%)

Bullish MACD and SAR signals

Favorable short-term forecast with potential targets up to ₹624.9

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While FII sentiment is negative, DII holdings have increased, and fundamentals remain robust. Ideal for momentum-based scalping or breakout trades.

You can explore live charts and technical setups on TradingView’s TRITURBINE page

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or review pivot levels and forecast targets on DailyBulls Intraday Analysis

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dailybulls.in

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in.tradingview.com

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