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Technicals for Triveni Engineering & Industries Limited
By MusingTheNews
2026-02-03 21:00
Overall Technical outlook
Price Summary
The stock of Triveni Engineering & Industries Limited experienced a 2.49% increase, showcasing a phenomenal market performance. Triveni Engineering & Industries Limited's stock opened at 355.15 on 2026-02-02, surged to 370.0, dropped to 350.05, and ended 2.49% up at 364.0, with 170162 shares traded. Over the previous 52 weeks, the stock reached a high of 451.4 and a low of 327.55. The price outlook for TRIVENI is between 334.0 and 582.0, with an average expectation of 477.6, as estimated by 5 analysts.
Technicals
Support and Resistance: At 364.0, the price is supported by 356.25 and resisted by 381.85. This indicates that the price for Triveni Engineering & Industries Limited might fluctuate between these levels, with 356.25 acting as a support and 381.85 limiting further upward movement. Support/Resistance for TRIVENI
Aroon: The current state of the AROON is neutral for TRIVENI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for Triveni Engineering & Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for TRIVENI. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Triveni Engineering & Industries Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Triveni Engineering & Industries Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Triveni Engineering & Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for TRIVENI, with no strong trend emerging. Tripple SMA chart for Triveni Engineering & Industries Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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