Technical Analysis of Indian Equities by Nooresh

Triveni Engg – Investment Bet

Triveni

 

 

TRIVENI ENGINEERING --- One of our top favorites in the sugar sector seems to be setting up for a major breakout. Accumulate at 17-19 with a target price of 24 in medium term. Very large volumes seen recently gives more comfort.

 

Earlier discussed here - http://www.nooreshtech.co.in/2012/07/nifty-ping-pong-between-5270-5380-or-a-dip-to-5190-5160.html 

 

 

Disclosure : Recommended buy at 13-14 rs in ANALYSE WEALTHWYSE product as a 1-2 year investment.

Article by Nooresh Merani

Nooresh has written 2613 articles.

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{ 2 comments… add one }
  • Sandeep July 28, 2012, 16:36

    Hi Nooresh,

    Any stoploss for the script or should I accumulate till 17? I have entered @ 19 now its 17.8 ..

    Thanks & Regards,
    Sandeep

    Reply
    • Nooresh July 30, 2012, 11:21

      Stoploss would be 16 on technicals. Fundamentally its a hold for 2 years.

      Reply

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