TRENT trade ideas
trent tradethe stock is making higher top higher bottom indicating it is going higher,the stock decline from 700 to 600 ,only 100 point reaction it is natural reaction,on reaction volume is decreasing ,means it is meeting support at 600 psychological price level,so buy here with minimum stoploss and hold
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TrentWill think of buying TRENT in the range of 360-400 depending on the corona situation. lot of selling is due in here
Be careful with longsSee history, once it reached 4.232 extension of breakout range it started consolidating and stuck in range for long time. Now its in same extension level of last breakout range
TRENT - SWING TRADE - LONGwarning: this idea is to journal my findings for my personal use.
Target is Rs.17. But, I am keeping Rs.27 as a stop loss because of the trend(It might just hit Rs.17 stop loss easily)
TRENT DAILY CHART#TRENT
SOMETIMES WE TRY REALLY HARD TO SELECT STOCKS FOR #investments AND FOR #trading
BUT LOOK AT TRENT CHART STRUCTURE FROM LAST 10 YEARS.
NO INDICATOR, NO OTHER ANALYSIS WAS REQUIRED
#NIFTY #StockMarket #stockstowatch #niftywizard
TRENT - A SHOOTING STAR!SHOOTING STAR FORMED.
MONEY FLOW CHART IMPLIES THAT PROFITS MAY BE BOOKED.
FIB LEVELS ALSO INDICATE THE SAME.
PLEASE DO NOT ENTER LONG NOW.
Trent is Getting Rejection at a Resistance LevelI 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.
