Triveni Turbine Limited
TRITURBINE highlights a classic Rectangle, Box Consolidation pattern below a clear horizontal resistance line.
The price is consistently testing the 550 resistance level (marked with "$$$$"), indicating absorption of supply at this ceiling. The "higher lows" forming since October suggest aggressive buying on dips.
A daily close above 552 targets the 590–600 zone. The risk-reward is favorable with a structural floor at 510.
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