Technical Analysis Triveni Engineering

The stock has looking at the daily chart for

the stock is currently in a healing phase after a significant period of volatility. The stock has moved from a high near 520 down to a low of approximately 320 in early 2026. Currently it is trading around 398.90. The stock has formed a higher low compared to its January bottom which suggests that the selling pressure is cooling off. It is still trading well below its all-time highs. It is currently in a sideways consolidation zone between 360 and 420. Immediate resistance 420. The stock needs to cross and stay above 420 to confirm a fresh bullish trend. Major resistance 460 - 480. This area has acted as a supply zone where sellers usually take over. Support 360. If the stock falls below this it could slide back toward the 320-330 range. For Short-term traders it is a Wait and Watch. Don't jump in until it clears 410-420 with good volume. For long-term Investors the stock seems to be accumulating. As long as it holds above 360 the structure remains safe for a gradual recovery. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.