Considering the technical analysis findings, it is recommended to sell TRENT Limited's stock with a target price of 1717 within a week. The recent breakout of the weekly range high and the exhaustion of the buying spree suggest that the stock may experience a retracement of at least 2 percent in the next 3-5 days.
Buy TRENT July 1760 Put:
Purchase a put option...
Trent is making beautiful chart pattern.....Flag pattern....if croosed 1728 then 1830 is very much possible.
It looks standing strong in todays fall so lets see if it can go to 1730,1760,1780,1800,1820.
Trent india retail sector company continue show the positive trent currently the share is brackout in the all time hight level. The price is also follow in the Channel.
i am bullish on the share and my stop loss is higher time frame is channel lower point.
Note:- This is only for education purpose, if you support kindly subscribe youtube channel
TRENT made flag n pole pattern on an hourly charts with good volumes, although, it hadn't broke out of it yet.
Safe traders could wait patienty to break above 1364 then enter with mentioned stop & target.
Aggressive traders can buy here add on dip or add more above breakout with mentioned stoploss & target.
