Trent
Trent - Too many opportunitiesStock reaching a strong resistance area of 6585 - 6620
Bears may try to take control again of the stock
Can be sold if get an confirmation in LTF (Hourly) with Sl of 6630
If all goes fine, we may see 6200 area back soon
If it closes above 6630 then stock may go sideways to slow bullish for quite some time (Excellent Straddle Opportunity)
Also area of 7300 -7320 is the highest probability sell area
Caution : Always take confirmation in LTF
TRENTTrent given head and shoulder breakdown and target has been completed @ bottom trendline
recently it create butterfly harmonic pattern @ trendline
rsi divergence @ completion of butterfly harmonic pattern
Buy TRENT above 1223 add more 1182 closing sl below 1131
Target=1300=1362.55-1496.8-1569.55
(Revised stoploss @1183 crossing above 1248)
Trent Long | 19 Dec | IntradayTrade setup of either of case happens
1. Price closes above 7140 15min then we enter with 7080 SL and target 7200+ with RR of 1:1
2. Price goes to down first and take support or show rejection at lower levels around 7020-40
We enter with wither day low SL or 6980-6940 as per Risk apetite for 7000-7200 RR > 2
TRENT Stock: Key Levels, Trends, and Trading StrategiesTrend Analysis
Primary Uptrend:
The stock has been following a strong upward channel, as shown by the blue trendlines.
Over the past months, the price has consistently respected these trendlines, indicating strong investor confidence and sustained buying pressure.
Current Channel Movement:
The price is trading within a secondary ascending channel, showing shorter-term consolidation within the broader trend.
This setup suggests that while the uptrend remains intact, the stock is in a phase of measured growth.
Key Levels
Support Levels:
₹6,688.75: A critical near-term support level, highlighted in red. This level aligns with the lower boundary of the short-term channel.
₹6,353.25: The major support level that the price must hold to sustain the broader uptrend.
Resistance Levels:
₹7,081.15: A key resistance zone, which the stock has been testing recently.
₹7,234.70 and ₹7,445.10: Further resistances that could come into play if the stock breaks out above ₹7,081.15.
₹7,644.10: The ultimate resistance in the current setup, beyond which the stock could experience strong bullish momentum.
Volume Analysis:
A noticeable volume spike occurred during the last leg of the uptrend, signaling strong accumulation by investors.
Current volume trends are more subdued, suggesting a period of consolidation, which often precedes a breakout.
Key Observations
Bullish Flag Formation:
The stock is forming a bullish flag, a continuation pattern that often leads to further upside. A breakout above ₹7,081.15 could confirm this pattern.
Potential Scenarios
Bullish Case:
If the stock breaks ₹7,081.15 with strong volume, it could rally toward ₹7,234.70 and eventually ₹7,644.10.
Bearish Case:
If the stock breaches ₹6,688.75, the next support at ₹6,353.25 will be crucial to watch.
TRENT stock exhibits strong upward momentum, making it an attractive option for traders. A breakout above ₹7,081.15 could signal further gains, while buying near ₹6,688.75 support levels offers a favorable risk-reward setup. As always, implementing strict stop-loss levels and sound risk management is crucial to handle potential market volatility effectively.
Trent - Best Intraday stocks for tomorrow 14 Oct 2024 Trent has outperformed Nifty in past days and there is high probability of continuation of its performance.
So for tomorrow in my opinion it will be best for intraday trading but when to trade?
Condition 1- If price falls or opens gapdown then it will best to buy after support creation.
Condition 2- if opens flat or Little gapdown and moves upside towards previous trading sessions resistance then, price should take a halt at resistance levels then it will be good opportunity to buy at resistance break.
Condition 3- if price opens Gapup and creates a selling swing and test previous trading sessions resistance (which may act as a support) then after creating support or W PATTERN price will bounce
Breakout - TrentTrent has broken out strongly on good volumes. It bounced back from the support and is now moving in a bullish trend.
Trent on bull run.Can se trent to go up at higher levels cause of recent sales growth and its technical the CAGR is appx 56% YOY must give time can see higher levels soon.
BO in Trent. Expected upside of 32% The results of Trent Ltd was positive. The BO of channel pattern is on the charts with increased volume.
Do your own study before investing.
TRENT PARALLEL CHANNEL BREAKOUTTRENT breaking parallel channel
with good volume and rsi
#target 5100 soon
follow ur strict sl as market is volatile
EDUCATIONAL IDEA
TRENT IN Aggressive UPTRENDTRENT in strong bullish trend and currently in a Pole & Flag pattern. I have placed the targets on the trendlines, follow after you crosscheck with your study. There's a volume imbalance zone,too.
NOTE: I'm not a SEBI REG. Study before investing.
Keep An Eye - Consolidation Breakout - TRENT📊 Script: TRENT
📊 Sector: Retail
📊 Industry: Trading
Key highlights: 💡⚡
📈 Script is giving breakout of Consolidation Zone we may see good rally till 4243.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 4158
🟢 Target 🎯🏆 - 4243
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Trent may have Bent. A head and shoulder pattern on the top always comes with a caution especially when the high is a doji.
Breaking All-Time Highs: A Journey into TRENT's Price Action 🚀Hey traders! 🌟 Ready to embark on an exciting journey into the world of TRENT's recent price action? We've got a breakout, some zones, and a plan to trade! Let's dive in.
TRENT has made a historic move, breaking all-time highs with impressive volume. 📈
we observe the formation of a Demand Zone – the classic rally base rally (RBR) pattern.
RBR Zones: After an upward move and consolidation, another rally occurs. In our case, it's the Demand Zone. Currently, TRENT is inside the RBR zone, testing the breakout level.
TRENT is testing its breakout level with low volume, and now residing in the RBR zone. Consider initiating buy trades within this zone, aligning with the broader bullish trend.
The stage is set for potential upward momentum from the RBR zone.
📚 Remember, this analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.
TRENT DOUBLE BOTTOM BREAKOUTTRENT breaking double bottom
good volume strong rsi
educational idea only
Trade-23/100-TRENT-R:R Experiment-BuyBuying TRENT in DAILY positional trade
Good structure making HH-HL.
TRENT RECTANGLE BREAKOUTTRENT breaking out a range box
with huge volume bullish RSI
and MACD crossover
educationa idea only
T R E N TTRENT fut broke out of triangle pattern on an hourly chart with good OI build up as well as very good risk:reward ratio.
Could be bought with mentioned stoploss & target.
T R E N TTRENT broke past multiple resistance level of 1730 with good OI build up.
Could be bought with mentioned stoploss & target.
Trent All time HighTrent india retail sector company continue show the positive trent currently the share is brackout in the all time hight level. The price is also follow in the Channel.
i am bullish on the share and my stop loss is higher time frame is channel lower point.
Note:- This is only for education purpose, if you support kindly subscribe youtube channel
Trent A Swing Buy or not ?Hi, well you have seen that how the market is falling and most of the stock are going down including nifty but at now things have changed and it's showing us a buy with the hint of Inverse head and shoulders pattern one of the most common, used and with higher success rates. Targets can be taken near 1560 to 1565. Thank you . pls do follow and like the post. also tell me your opinion on this
