NSE:TRIGYN has taken strong bounce from NSE listed price level of 18.
Over last year it has formed and created LH HL structure which is bullish indication.
We can see long term move above 145 with can buy more till 124 with SL 120.
Major targets levels are highlighted in blue lines.
Monthly chart:
Stock is performing well on fundamental basis, correction post ATH and took support at previous BO, fresh level for entry marked alongwith targets and support.
1. Break out with High Volumes ,
Current price is less than the intrinsic value
2.FII/FPI have increased holdings from 0.01% to 0.25% in Sep 2021 qtr.
3.Institutional Investors have increased holdings from 0.01% to 0.25% in Sep 2021 qtr.
4.3 year CAGR growth
Revenue 13.0%
NetProfit 16.4%
OperatingProfit 14.6%
5.1 Month: Delivery volume increased by 185.34%
can be...
- Trigyn Technologies Inc. is a wholly owned subsidiary established in USA with locations in New York, Washington DC, Toronto and Montreal (Canada). Its service offerings include implementing fully operational Unified Command & Control Centers, Smart Solutions, Internet of Things (IoT), Smart Utilities, Security, Surveillance.
- Debt free company with PE of just...
inverse head and shoulder pattern visible in this scrip. go Long for this scrip for 300 to 350 with sl of 100 (DCB). Stock is also trading under it's fair value which is 300.
Trigyn setup looking good for another 15-20% move in coming weeks. Stock has given breakout on weekly and daily base. Any entry between 130-and 140 have good RR.
Note: This is just for educational purpose, please do your analysis before taking any position.
