Trident - rebounding from crucial support (Investment stock)Scrip is gearing up with MACD momentum to reach to target price and beyond
Rest in charts.
Bullish momentum sign
1) SMA - Price range is above SMA-15 and SMA-200 and SMA-15 is above-200 which gives strength to ongoing momentum
2) Rebound from support levels where resistance has become support now
Aiming towards TP and beyond thereon after entry confirmation until the scrip substains above 83-85 levels
SL as per risk appetite
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The scrip had dissapointed with somewhat declining Q2 results henceforth the fall.
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Nonetheless, It is seen that company has potential to grow and recoup for previous result
