TRENT.T0 trade ideas
BreakoutTook support from 750 levels. Another resistance at 790 thereafter it might run up. It's constantly taking support at a support Trent line
Trent - 1DResistance: 755.40, 786, 811.20
Support: 693.35, 671.20(Major), 643.50, 621.55(Major)
This is just a technical view for education purpose.
Please consult your advisor before trading.
TRENT | Bullish pinbar at trendline & 200 EMACMP - 729
SL - 670
Target - 950
Small resistance zone at 750-800 levels.
The stock has respected long term trendline and exactly on 200EMA on daily timeframe. Also a small divergence is observed. Only worry is that rising Covid cases can draw down the levels. Add on dips at important levels.
TRENT: Secondary CorrectionExpecting the correction to continue till (688-672)
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Please do NOT consider these as trade recommendations.
I' am an amateur and posting these charts helps me understand the market better.
I' am open for suggestions/advice.
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[Basket] Trent Swing Buy BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Buy The Dip #trentCan dip a little more, accumulate within the range mentioned, 200dma or TL can come in support too...
Trent Ltd. Trent Ltd. CCI 34 Monthly > 135 and CCI 8 Daily < -135.
Stock is retracing it's precovid levels. Bullish on higher time frames. Available at reasonable price to invest.
TRENT looks weak !!!TRENT : cmp : 845.85
Looks weak in daily and weekly chart.
Sell on rally.
TGT may be 821/809
SL 874 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
TRENT Matching high - short TRENT is showing matching high pattern characteristics
details provided on chat
The risk-reward is always more favourable when you enter as near to SL (easier said than done :) )
Happy Trading
MSK
📊 #Trent #nifty #nifty50 #banknifty #niftybankNSE:TRENT
find long trade as per your trade setup for target of this Harmonic pattern's PRZ.
and if find reversal there at PRZ one can short as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TRENT Ready To Change its TREND ??Last 3 days serious buy happens at closing time. If that channel brake out happen with good volume, first target should 800-820.. Breakout level above 705 closing. SL will update once trade get trigger.
