This report aims to provide a technical analysis of TRENT stock and a recommendation for buying the stock in the short term. The analysis is based on the latest charts and indicators, and is intended for investors and traders who are looking to capitalize on market movements.
Background:
Trent Limited is an Indian retail and lifestyle company. The company's...
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.
