This scrip is certainly a Cash Cow for the Traders in next few days. Here we see TRENT LTD in completed CUP and HANDLE Format. The Chart has retested the support level at 1286 and crossed above the level 1340.55. First Entry level @ 1340 has already crossed as stock is trading @ 1363.10. However, if it retests the support level @ 1340.55 , one can enter the trend @ 1340. The Targets would be 1380 (Previous Resistance), 1475 (Previous Resistance) and 52 Week High of 1560.
Volume is High and Trend is supported by both the Moving Averages. Please refer to the Chart for further details and let me know if you have any questions. This analysis is completely for educational purposes, and it has nothing to do with CALL TIPS.
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