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 Ltd. 📉
This broke out from a Resistance Zone of 1175-1200 and closed above it .
On Buy Side I am looking for Targets of 1400-1450.
Target Calculation = 2*(Resistance Level - Last swing low)
StopLoss should be kept below 1125-1150 zone.
It offers 1:2 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing...
NSE:TRENT
Observations:
1) On 15min time frame, we can see it has traded below the support channel and now this support channel should work as resistance channel.
Please refer below chart : 15min time frame.
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Trade Setup for 11-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle...
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
BTC is already in a strong downtrend and now is in a sideways zone. So, I analyze the next possible move using simple S/R. If there is anything else feel free to comment.
NOTE: DO YOUR OWN ANALYSIS BEFORE ANY INVESTMENT
Thank You
This stock has been in a downtrend, forming LH and LL for a very long time. Now the price has broken the multiyear trendline which is very positive for this stock.
Investor who are intrested in PSU, can go long in this stock.
NSE:TRENT
find long trade as per your trade setup for target of this Harmonic pattern's PRZ.
and if find reversal there at PRZ one can short as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own...
NIFTY50 will most probably find support around the trend line. Wait to buy when it forms support around the trend line. If it breaks the trend line it may find next support around 11426 as it might fill the gap. WAIT FOR SUPPORT OR BREAKOUT AROUND THE TREND LINE. ALSO, support is present at 11360.
If the trend line breaks the first target can be 11426, the second...
![TRENT: Simple Trade Setup | TRENT | 11-04-2022 [INTRADAY]](https://s3.tradingview.com/k/KKgxP7sb_mid.png "Simple Trade Setup | TRENT | 11-04-2022 [INTRADAY]")
