Trident

NSE:TRIDENT1D

TRIDENT LTDNSE

Description

⋅ Nov 21, 2020 9:10 PM

Chart is self explanatory.

Wave Analysis

Comments

Constatine1806

⋅ Nov 22, 2020 6:08 PM

Does this mean that it'll go up a bit and start getting bearish?

chetanbarokar

⋅ Nov 22, 2020 6:49 PM

@Constatine1806 at 9, wave 1 will be retraced till either 7 or 6 in wave 2. Then it will go back up in wave 3. Positionally trident is bullish only.

rohittarale18

⋅ Nov 24, 2020 3:49 AM

@chetanbarokar, is it still bearish??

chetanbarokar

⋅ Nov 24, 2020 12:07 PM

@rohittarale18, It is not bearish. Positionally its bullish only. But it wont be one way journey unless there is a surge of buyers (big players). Please dont take intraday trades on the basis of my charts. All are positional.

joshuajk2007

⋅ Dec 8, 2020 6:03 PM

@chetanbarokar, Now that Trident has got 9 as support level, one has to watch if it breaks 11. If it breaks 11 it will be a decent ride considering its a dividend stock and might attract investors!