Trident Trade plan 31-08-20231. Trend Bullish
2. Consolidation -Very tight
3. Strength - Strong
4. RR very lucrative - Can touch ATH
TRIDENT trade ideas
TRIDENT --- potential to give 2X returns in coming monthsNSE:TRIDENT
potential to give 2X returns in coming months
two weeks back gave nice breakout on weekly timeframe at 36
after that made high of 43. now breakout retested
cmp is 39
also making round bottom pattern on weekly timeframe which gives a target of 70
patience required here and let's observe how this progresses
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
Trident Ltd Short and Long buy on trident with below technical sign or till time hold EMA 20 cross below EMA 50.
Cross over EMA : 50 , 100, 200
F & P patter break out with volume
Lux algo cross
Long term retarce from 38.2
Trident LongStock looking good for 40 upside...Support at 31..if gives a dip than would be more better to add
TRIDENT F&P BREAKOUTTrident breaks F&P pattern
good volume and RSI
trading above all key ema
educational idea only
BREAKOUT, TRIDENT LTD, 148% RETURNS!!!BUY - TRIDENT LTD
CMP - Rs. 37
Target - 1: Rs. 52
Target - 2: Rs. 69
Target - 3: Rs. 94
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Technicals - Bullish Flag Breakout
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Timeframe - 4 months - 1.5 years
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This is just a view by an expert analyst, please invest at your own risk.
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Trident-Clear BreakoutTrident broke out from donwtrend with good volume. Can see in 3 figures in 18-24 months.
Trident buy @ 36 tgt 47After months of consolidation stock is showing some good volume buying.
SL 33
Trident Share good time to buy with tgt 56Weekly charts show bullish with tgt price 56
As result is near its good time to buy with small stop loss
TRIDENT Daily looking bullishTRIDENT Daily looking bullish.. It has trendline breakout/Inverted head and shoulder breakout structure with 200 ema on daily candle support.
Good to buy at retracement near 34 for target of 44 with sl below 32
TRIDENT - 205% RETURNS!!!BUY - TRIDENT LTD
CMP - Rs. 32
Target - 1: Rs. 50
Target - 2: Rs. 67
Target - 3: Rs. 98
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Technicals - Bullish Wedge BO
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This is just a view by an expert analyst, please invest at your own risk.
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Follow me for more!
TRIDENT TRIDENT , formed Falling wedge and also Head & Shoulders at bottom level .......
Upcoming results on 18th MAY.......
Small cap share so risk will be more/ Promoters increased share holding.......
waiting for up move in price ( must watch volume also ,along with price move)
trade as per risk apatite................
Trident near term Target 35Trident is looking strong. It is near to 38.2% Fibonacci retracement level and from here strong buying should continue. In near term we can see Target of 35. Company fundamentals are good. Company is hiring from top IIT colleges and best professional talent. Production capacity is also increasing every month. Company is on the right track. By 2025 company will achieve 25,000 cr revenue as per it's vision.
Bullish Wolfe wave in trident long for short term Target 31.50 A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
Publishing the Trident Chart to accumulate position at 30-22. NSE:TRIDENT Publishing the Trident Chart to accumulate position at 30-22. NSE:TRIDENT
Positional or Longterm Opportunity in TridentGo Long above 40.4 for Targets of 45.3, 50.2, and 55.1 with SL 35.5
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.5 Fibonacci level.
3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
Long at demand areaDirect entry at demand area. Has the probability of taking out all the liquidity on the upside. Weekly looks bearish and might retrace to the weekly premium area after bearish impulse move.
Trident BullishIt seems that Trident has completed a Flat 3-3-5 correction with wave 5 of C ended in ED.... Now it has started new Impulse or give a corrective wave B..... So it can be bought from here or on dips, as if it will cross 41 we can see immidiate Targets of 57-60.
Trident Target Trident broke its triangle pattern. have revised my target.
1:4 risk reward.
*Not an investment advise*
Will RSI show save TridentKnown the bears are coming back and the market in dilemma but Trident has a chance
Look at the divergence, Hope its saves with its strength !
Let see how it works
