TRIVENI - IntraDay Trade Analysis

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

📊 IntraDay Trade Rating: 2.9

Triveni Engineering & Industries Ltd (TRIVENI) currently shows weak intraday potential, with bearish momentum, poor recent earnings, and limited volume support. While there are some technical support levels nearby, the overall setup favors caution.

🔍 Technical & Momentum Indicators

Indicator Value Signal

RSI 40.8 Neutral to weak — no clear momentum

1

MACD -7.35 Bearish — downward pressure persists

1

Volume 1.93 lakh vs avg 2.85 lakh Below average — weak participation

Price vs DMA Below 50 DMA (₹386) & 200 DMA (₹397) Bearish trend

ADX 32.1 Moderate trend strength — bearish bias

1

CCI -94.1 Oversold — bounce possible but not confirmed

1

SAR Bearish signal No reversal yet

2

ROC Negative Weak price momentum

1

📈 Intraday Trade Setup

✅ If Considering Entry

Optimal Buy Zone: ₹364.4–₹368.0 (near strong support levels

1

)

Profit Targets

Conservative: ₹373.2

Aggressive: ₹377.7–₹381.8 (based on resistance clusters

1

)

Stop Loss: ₹360.1 (below moderate support zone

1

)

🕒 If Already Holding

Exit on Strength: ₹373.2–₹377.7 zone — aligns with resistance and pivot levels

1

Exit on Weakness: If price dips below ₹364.4 with rising volume or MACD worsens

Watch for: Price action near ₹368.9 pivot — critical intraday level

1

🧠 Final Verdict

TRIVENI is a low-confidence intraday candidate, due to

Weak earnings momentum (PAT dropped from ₹183 Cr to ₹2.1 Cr)

Negative MACD and poor volume

High P/E (38.6) vs industry average (18.3), and negative PEG (-2.16)

Unless a strong reversal signal emerges, this stock is best avoided for aggressive intraday trades. If you’re holding, consider exiting on any strength toward ₹373+.

You can explore detailed intraday charts and pivot levels on TopStockResearch’s TRIVENI Intraday Analysis

3

or JustTicks Technical Dashboard

1

.

1

justticks.in

2

dailybulls.in

3

www.topstockresearch.com

Edit in a page