Trent Limited
Long

TRENT : When price corrects, smart money observes — not panics.

599
TRENT

Technical View (Monthly)

  • Long-term trend bullish, currently in a healthy correction
  • 0.618 Fibonacci support: ₹3,900–4,100 → key demand zone
  • Resistance: ₹4,900–5,000 (must cross for fresh uptrend)
  • Trend damage only if: Monthly close below ₹3,800
  • Expect sideways consolidation before the next big move


Fundamental View

  • Strong retail brands, aggressive store expansion
  • Earnings growth is strong, but the valuation was stretched
  • Current correction = valuation & time adjustment, not business issue



Future Growth Outlook

  • Positive long-term drivers: consumption growth + scale benefits
  • Near-term returns may stay muted; 3–5 year story intact



Actionable Summary

Investors: Accumulate near ₹4,000 with patience
Traders: Bullish only above ₹5,000
Risk: Breakdown below ₹3,800

Verdict: High-quality stock in correction phase, not a trend reversal.


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Trade Secrets By Pratik
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