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 - https://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.
July 28, 2012
Any stoploss for the script or should I accumulate till 17? I have entered @ 19 now its 17.8 ..
Thanks & Regards,
July 30, 2012
Stoploss would be 16 on technicals. Fundamentally its a hold for 2 years.