TRIDENT trade ideas
Flag Pattern Breakout confirm Analysis :-
1. Confirm flag pattern breakout, entry confirm.
2. On every dip accumulate.
3. Flag pattern target is always juicy and favorable. The risk to reward here is very juicy and handsome.
4. Diploy not more than 3% to 5% of your capital.
tridenttextile sector has major tailwinds right now
this stock might give a breakout pullback follow through
levels are on chart
TridentLooks good for a swing/ positional trade is sustains above resistance level on weekly closing basis
DAILY SWING CALL // Tuesday 16th of March 2021 / NSE: TRIDENTDAILY SWING CALL // Tuesday 16th of March 2021 / NSE:TRIDENT
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 15.35
TARGET: + 17.65 (15% Around)
STOP LOSS: 13.80 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Trident LtdTriangle 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.
Trident may cross 18.25Based on analysis performed , trident may cross 18.25 rs stock value. Lets wait and watch
Trident - Rounding Bottom Pattern in formationAs in a rounding bottom pattern volumes have been low and now have begun rising. Long entry can be taken
Bullish Saucer PatternThe entire textile sector is getting a good move. Stock is very good for investment. this pattern is a continuation trend.
trident longterm next multibagger @ 14trident good stock for long term #Y/Y 200% net income up by previous quarter #Company has reduced debt. #Company has been maintaining a healthy dividend payout of 40% #Promoter holding has increased by 5% over 2.5 year #arround 14 rupee per share #makeing flag pattern #good sector (Trident is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals) ###buy your own risk
Trident will going to boost your wealth.NSE:TRIDENT Trident seems operating within range.
Mostly will hit 15.25 then to higher levels >15.50
Everything is marked on the chart-- points,trend lines can be used for trading along with some momentum indicators .
Try to look out for a confluence of these parameters
This is NOT investment advice. This chart is meant for learning purposes only.
This is my personal journal. Invest your capital at your own risk.
Trident- Upside move Buy Intraday Trade -19-01-20201Buy-@CMP
TGT- 15.50/16.50
Sl -Paid
Ping...For Sale
Trident locked in UC... Almost double from given levelsTrident locked in UC... Almost double from given levels
Trident ...best timeLooking bullish...
Breakout seen recently..
I hope after 2..3 days of profit booking Tident will rock...
Target 12/13/14 soon
