TRENT Trent Limited is engaged in the retail sale of readymade garments. Low probability of default in next 12 months Current price is more than the intrinsic value Stock has not been able to generate better return on equity than bank FD In last 6 months, promoter holding in the company has almost stayed constant MIDCAP With a market cap of ₹41,488 cr Stock is...
a clear triple bottom formed in trent we can buy for the target price of rs 1300
Trent Limited is the retail hand of Tata group based out of Mumbai, Maharashtra. Started in 1998, Trent operates Westside, one of the many growing retail chains in India based in Mumbai diwali festival stock breakout target 1 1085 target 2 1102 target 3 1160 stoploss 1038.55
Why this Trade..?? Bearish Because 1.Classic Double top pattern 2.No Clear Support at Present LTP,So it must touch the Support we have drawn. Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Trade based Near the previous day resistance, market change the trend in lower tf. and also market acting or sustain in major hr support and also its looks like a bounce back. when the market break the support. then we can expect some in that script.
#trent is trending. previous resistance was taken out and could see further up move with decent momentum in all timeframes.
Trent breaking out of this triangle pattern. Looks good for swing traders above 980.
NSE:TRENT TRENT - Resistance - Above 945 Target of 1000
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Trent would BO on clb above 973-75 area. Trading near ATH. Looks strong on all major TFs.
Looks a possible breakout trade, Long opportunity above 970 SL 900 - Positional Trade
Cup and Handle pattern. Trade with caution, use approprite position sizing and risk management.
TRENT breakout from an ascending triangle pattern. looks good for swing traders at the current level. Made new ATH.
Trent forming inverse Head & Shoulder.Above 945-949 should hit 955-960-970++.Once activate we will use TSL.Also keeping on Radar TRENT 940 CE.
Trent is currently moving in an uptrend channel. It has been trading above its 200-DMA, indicating a positive outlook on the stock. We expect the momentum to continue as it has reversed from its support of 55-DMA. We recommend a buy with a target price of Rs 1,000. Keep a stop loss at Rs 825 for a medium-term perspective. this is just idea provided.
TRENT : Cup & handle pattern and now ready to break. Keep eye on it