Diwali Pick: TRIVENI TURBINE

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After giving a multiyear breakout stock is rising in an impulsive manner and broken the parallel channel which suggests that a third wave is in progress. The Stock is forming higher highs and higher lows in all the time frame which is the basic definition of an UPTREND. The previous resistance zone of 200-215 shall act as a support in the coming months and stock should its uptrend towards 460 and 590 in the coming months.