Long UptrendCan expect to reach 58 with a Stop loss of 44.5
If it breaches 60 and sustains above it, we can expect a New High.
Only for Educational Purpose.
TRIDENT
ROUND NECK IN TRIDENT !!!#SHORT-TERM#
#FRIDAY#
NSE:TRIDENT
@VK2413
{
TRIDENT stock has formed the neck pattern.
time to evaluate it's STRENGHT !!!
it's a good stock which have potential to give more than 20% in short term.
it took support from 48-49 levels, it always moved upward !!
EVEN GOOD FOR LONG-TERM (more than 50-60 % within 5-6 months)
}
BUY TRIDENT
{
TRIGGER:- 53-54
TARGET:-60-65
STOP LOSS :-47
}
" BELIEVE THE TREND ,GO WITH THE TREND "
Like👍,❤️Fallow,@VK2413🙏
Trident - Chart analysisTrident is preparing for a bull run we can expect the short term target 70.00₹. a little wait can bring some good news we are waiting for a candle to closed above 63₹ if that happened on hourly chart. get ready for continuous upper circuit. All risk subject to market risk. discuss with your advisor before investing... Happy trading
Trident building baseTrident had hit its UP over last few days and considering the RSI and MA the share may hit the support to fill the gap. Probably the support at 40-45. Long term investors can accumulate and short term swing traders can use the opportunity to gain 20-40% on significant reversal. Let keep an eye.
#accumalate #longterm
#TRIDENT: RANGE BREAKOUTTRIDENT has breached resistance and moved up. Can attain 60 plus levels in short term.
Strong Relative Strength
Note: This is for Educational Purposes only and
not a buy recommendation.
Consult your financial advisor before
entering into trade.
I AM NOT SEBI REGISTERED
#TRIDENT: Strong Relative StrengthTRIDENT LTD: Strong Relative Strength Positive
Both Adaptive & Static RS Positive
Strong Fundamental Stock. We may see long-term breakout
above 44 levels on a closing basis.
Technical parameters look positive.
Note: This is for Educational Purposes only and
not a buy recommendation.
Consult your financial advisor before
entering into trade.
I AM NOT SEBI REGISTERED
TRIDENT: Hold for Long TermTrident Ltd. is a fundamentally very strong Textile Stock.
It has given 100% move from 19 to 40+ in last 2 months.
This is the weekly Tradingview Chart.
It is very High Beta Stock with very high Relative Strength.
It has strong resistance at 42.5-43.5 zone.
Likely to see another multi-year breakout at 44 levels on a closing basis.
It can be held for the long term.
Not a buy recommendation at this level.
Not: Not a buy recommendation. For educational purposes only.
Contact your financial advisor before initiating any trade.
Elliott Wave Pattern in Trident
Elliott Wave Pattern in Trident
Watch out for investing in Trident. Find the levels for BUYING.
trident Trident stock looks good to me with targets of Rs 20 and 22 in shortterm.
It has given a breakout and will move on AGM News.
Tridenttweezer bearish 21.15
if this is not taken out by bulls in near future then it could be bearish
Bullish on Trident Ltd. Fundamental
1. Strong financials, can consider for long term.
2. Trading at lower value due to bad quarterly results, accumulate at a fair value.
3. Business operations should go up once the pandemic is over and lockdown restrictions are lifted.
I consider it a potential multibagger.
Technical
1. ADX rising in a sideways trend, possible breakout.
Price Range
Buy above 17.50 for
Target 1 = 19.3 (~10%)
Target 2 = 22.2 (~27%)
Target 3 = 24.3+ (~38%)
NSE:TRIDENT
BSE:TRIDENT
Trident - Expecting more than 20% returns in short span
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
TRIDENT: VCP PATTERN BREAKOUTNSE:TRIDENT
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
Trident - Pennant Pattern, Highly bullishTrident is in Pennant Pattern with consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Ascending triangle formationCandles are forming an ascending triangle which is a sign of good consolidation. Price is likely to break out upwards. Enter only after successful break out as RSI is overbought on a monthly chart. Entry at 17.50 SL 16.95 Target 18.80, 21.60.
Trident buyGreat buy opportunity with the trident buy now and the target is may 38-47 and the target is moving very quick. So book quickly before the target is reach.
Symmetrical triangle Flag breakout1. Symmetrical triangle breakout on daily chart.
2. Flag pattern breakout on daily chart
3. Volume breakout on daily chart
TRIDENT LTD ANALYSISTrident stock moved in range since January and gave breakout now. It also retraced and now finding support at previous high.
Trident - Potential BreakoutTrident made a high of 16.95 in the week ended 4th Jan 2021. Since then, the stock has consolidated for many months between 13.50-16.
This consolidation/down move is represented by the red trendline on the chart labelled "short term resistance tl"
Friday's close brings the stock on the cusp of a break out above the above mentioned trendline.
Once the stock clears the all important 16 level on a weekly basis we can expect a move towards the darker red trendline on the chart (labelled Long Term Resistance TL). Looking at the chart we can assume an approximate target of 22 or higher going forward.
One can go long in Trident with a WCB stop loss of 13.80
