Triveni Engineering – Double Bottom Ka Signal: Reversal Ki Tayaari?

shows signs of a potential trend reversal after a prolonged downtrend. The stock formed a double bottom pattern around the 325 support level during July-August, indicating a strong base. Currently, trading around 360, the stock has started making higher lows. A decisive breakout above the 370-375 resistance zone is required to confirm a bullish reversal. Key technical indicators like RSI at 37 suggest the stock is near oversold territory, supporting a rebound possibility. Immediate stop-loss should be placed below 340 to manage risk. Watch for volume confirmation during a breakout. All investments are subject to market risks. Investors should exercise due diligence and independent judgment before making any investment decision. this is Not any Buy or Sell recommnendation.