Trent is currently moving in an uptrend channel. It has been trading above its 200-DMA, indicating a positive outlook on the stock. We expect the momentum to continue as it has reversed from its support of 55-DMA. We recommend a buy with a target price of Rs 1,000. Keep a stop loss at Rs 825 for a medium-term perspective. this is just idea provided.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.