TRENT | Channel Support with confirmation - 18% Long

TRENT LTDNSE

Description

⋅ Dec 14, 2020 10:37 AM

TRENT | Channel Support with confirmation - Looks good for 15% to 18%

CMP : 699
SL : 660
Target : 800, 830

We frequently get this kind of setup - attached some of the recent stocks we came across similar to this pattern.

Trade closed: stop reached

⋅ Jan 16, 2021 7:54 AM

Comments

poornesht

⋅ Dec 15, 2020 3:46 PM

Entered at 690 with same setup and targets.. 👍 thanks for the confirmation.. 🙂

mukeshsingh92

⋅ Dec 15, 2020 4:28 PM

great, thanks for confirming. I bought Trent 2 weeks earlier during it's breakout where it crossed 800, but saw a vvery sharp fall.......kept my patience.... and still holding @ 790

vpatil10

⋅ Dec 14, 2020 2:51 PM

Perfect Sri

sagarchaudhary025

⋅ Dec 14, 2020 10:58 AM

i took entry at 690 cause it takes support at 100dma

sagarchaudhary025

⋅ Jan 17, 2021 5:52 AM

@sagarchaudhary025, hold some quantities till it closes below 625

mukeshsingh92

⋅ Jan 14, 2021 6:51 PM

What's your view now ? it has broken 660.. and at 650 this is at fibo support... very problematic situation now........