TRENT

NSE

TRENT

SHOOTING STAR FORMED. MONEY FLOW CHART IMPLIES THAT PROFITS MAY BE BOOKED. FIB LEVELS ALSO INDICATE THE SAME. PLEASE DO NOT ENTER LONG NOW.

BUYING FOR 382

I found that Trent is trading near a support level. If it breaks that resistance, then we will go long but wait until it crosses 400 price level, but there are fewer chances that it will break that level. There are some other support and resistance lines too. If it breaks the below one, then we will go short till the next line.

bullish Bat When reaching 329 after it will go 352

Trent _broken out from consolidation

Awaited H > 344.90 and C > 341 with strength will cause the highest high on the leg Touched 38.2 Retracement and then moving upwards CCI(D/M)>100 Volume Surge TGC is true HTF is activated Target (initial) 380 / 400 / 445 SL 310

Market failed to break down and auctioned higher. Looking for a retrace to take support around 320 - 325 level and angle up before a position can be taken. This area is shown in the rectangle box marked as Buy area. Looking to book half position around 355 - 360 level and hold the rest with trailing stop loss. The initial stop loss is 310 which is the previous swing low.

Technical : Flag Pattern Break Out Target 431 Fundamentals Good : (Fundamental Medium Term Target 700) (Fundamental Long Term Target 1000) 1.Total Eq Cap : 446.70cr 2.Return% on Total Eq Cap Quarterly : 8.73% 3.Return% on Total Eq Cap Yearly : 5.25% 4.Debt : 0.05cr 5. Stock PE : 14.26

TRENT - Buy with Sl 280 for targets 299,308,320

Targets : 296-312 Buy range : Above 256 Stoploss : 220 Duration : 4-5 weeks

All on chart

BUY NEAR 200-201 TGT 220-225