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Munish_Jain
Jan 7, 2024 2:49 PM

TRIDENT | Positional Trade Long

TRIDENT LTDNSE

Description

📊 DETAILS
Sector: Textiles & Apparel
Mkt Cap: 20,842 cr

Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals

TTM PE : 45.44 (High PE)
Sector PE : 26.49
Beta : 0.98

📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

6.51% away from 52 week high
Outperformer - Trident up by 12.36% v/s NIFTY 50 up by 4.1% in last 1 month

📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

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Trade active

Trade active

Comment

Added around 46.5

Comment

Added @ 44.15 (GTT)

Trade active

added some
Comments
Tapan0
Now Trident is around 52.0 , and I am miss to buy this share . when will come 2nd time to buy this share ,what price is 2nd reversal to buy this share ?
Munish_Jain
@Tapan0, have to wait for 45-47 levels then decide
satnamjassal41
Now take it Bhai Sahib came down 46
Munish_Jain
@satnamjassal41, let's see today
rselva2k
now it came down to 44 .. what should do
Munish_Jain
@rselva2k, Looks like results were not as expected. can hold with SL of 42
Bullcrackers
strong 💪 bullish pattern
decimalBird93780
ji this trade active
Munish_Jain
@decimalBird93780, I entered at amo market but only with 1/5 quantity.. have to wait for retracement now
decimalBird93780
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