TRIVENI - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.2

Triveni Engineering shows a mildly bullish setup for intraday trading today, with technical indicators suggesting a potential bounce but fundamental and valuation concerns limiting conviction.

📊 Intraday Trade Analysis

✅ Bullish Technical Signals

MACD Positive (1.71): Indicates short-term upward momentum.

RSI at 55.0: Neutral-to-bullish zone, suggesting strength without being overbought.

Price Holding Above 50-DMA (₹358): Current price ₹359 is slightly above 50-DMA, signaling short-term support.

Volume Surge: Current volume (4.21 lakh) is ~40% higher than 1-week average, showing increased intraday interest.

FII Holding Increased: Foreign institutional sentiment is improving.

⚠️ Cautionary Signals

Price Below 200-DMA (₹382): Long-term trend remains weak.

Quarterly PAT Collapse: From ₹175 Cr to ₹0.46 Cr — a 98.5% drop, raising red flags.

Low ROE/ROCE: Below ideal levels for capital efficiency.

Negative PEG Ratio (-2.61): Indicates poor growth relative to valuation.

DII Holding Decline: Domestic institutions have trimmed exposure.

🎯 Intraday Strategy

📌 Optimal Buy Price

Entry Zone: ₹356–₹359 (on dips near 50-DMA with volume >4.5 lakh and RSI holding above 54)

💰 Profit-Taking Levels

Target 1: ₹365 (minor resistance)

Target 2: ₹370–₹373 (if momentum sustains)

🛡️ Stop-Loss

Exit Below: ₹352 (break below recent support and 50-DMA)

🕒 If Already Holding Today

📌 Exit Triggers

MACD Histogram Shrinks: Indicates fading momentum.

Volume Drops Below 3.5 lakh: Signals weakening interest.

Price Rejection at ₹365–₹370: If price fails to break this zone, consider exiting.

RSI Falls Below 52: Confirms bearish pressure.

Triveni is a cautious candidate for intraday scalping today, best suited for tight-range trades with disciplined exits. Let me know if you'd like to compare it with other sugar or engineering sector stocks for rotational opportunities.

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