#TRIDENT may be new #multibagger 🚀 CMP 37.40 Verge of pattern #breakout in DTF& WTF Monthly CPR is inside &narrow indicates upcoming breakout on upside #GOLD
When the line crosses buy for a short term Make sure you also do your analysis
This Stocks moving continues in side way direction from july 2022 `
Charts patern brkout stock susit 36 to 37 and majer brkout
Trident Ltd On August 31st price made Golden crossover....... price making higher low........
triangle pattern breakout . stock recently breaks the pattern and retested.
trident one of the biggest yarn manufacturer in Bharat. this is a growing company which is now available in cheap rate . One can able to trade NOTE : ONLY IF THIS FOLLOW THE TREND LINE THEN ONLY STAY .nd DO U OWN ANALYSIS BEFORE DOING ANYTHING . SOURAV CHAKRABORTY
Reason for long a) HSP failure set up b) Triangle breakout c) Big HSP of right shoulder formation d) Good engulfing candle e) Channel support g) SL compulsory
TRIDENT daily timeframe strong support and fib retracement good support for 0.50 to 0.618 zone up chance high
Triden looks good to buy for short term view. After significant fall from its high it has shown reversal signs. Entry near 36.50 / retest level. Target: 39/42/44 SL: 35.50~35. RR: 1:3/1:5.
1. Trend Bullish 2. Consolidation -Very tight 3. Strength - Strong 4. RR very lucrative - Can touch ATH
NSE: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...
Can Enter @38 -35 SL 26 on weekly closing basis TG 46 -55
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
Reason for long a) Weekly Mr.14 set up b) volume and price spurt c) weekly and monthly breakout d) consolidation breakout e)QQE support f) super trend support SL compulsory
Stock looking good for 40 upside...Support at 31..if gives a dip than would be more better to add
CMP: 90.65 Target Price: 67.5 Target 1: 60 Return: 74%
Trident breaks F&P pattern good volume and RSI trading above all key ema educational idea only