Trident 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
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...
🔴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...
Trident 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...
Triangle pattern
The black rectangle is a supporting zone and Blackline is the resistance zone.
If it crosses above the resistance level and sustains it then maybe it will reach our targets.
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Note: Do your analysis before taking any action and take responsibility for your action.
