TRENT - Ascending Triangle BOTRENT breakout from an ascending triangle pattern. looks good for swing traders at the current level. Made new ATH.
TRENT trade ideas
Trent Ready for a new high.Clear Ascending triangle visible.
Stock in continuous uptrend. Higher high higher low structure intact.
Pattern Preceded by such healthy uptrend increases the probability of breakout and pattern to work out.
There 2 strong hammers at the trend line. Indicating a good support on trend line.
Set up is invalid below the low of the hammers.
SL level 830. Risk 10%.
Stock is contracting since few days. ( check below image ) Expansion mode will begin soon.
My View ON TRENTTrent forming inverse Head & Shoulder.Above 945-949 should hit 955-960-970++.Once activate we will use TSL.Also keeping on Radar TRENT 940 CE.
Trent for 4-8 weeks low risked but lets seeTrent is currently moving in an uptrend channel. It has been trading above its 200-DMA, indicating a positive outlook on the stock. We expect the momentum to continue as it has reversed from its support of 55-DMA. We recommend a buy with a target price of Rs 1,000. Keep a stop loss at Rs 825 for a medium-term perspective. this is just idea provided.
TRENT looks weak !!!Making lower lows for 3 days.
Bearish candle formed in d & W chart.
Close below short term moving averages.
So weakness may be continue in near term.
So sell on rise.
Sell near 874-878
May test 838/812 lvl again.
Sl 880
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
TRENT BREAKOUT ON WEEKLY CHART!!Trent is a Tata Group share and one of the leading players in the branded retail industry in India. West Side, Zudio, Star Grocery & fresh Food and Landmark are its top brands. it has given a good breakout on the weekly chart. Keep a check on Trent.
Trent Ltd., Buy Above 910 levels TGT 945 Resistance Breakout with Good volume Expecting Upmove upto 1042 levels.
Entry_ 910
Sl_887
Tgt1_ 945
Tgt2_ 1042
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ******** This is my view about Stock/Indices Based on Technical analysis & Price Action .The market cannot be accurately predicted or completely controlled, no investment is risk-free.
>> Visit My Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
Trent Ltd breakout good tringle pattern and retestTrent ltd has given a breakout of an excellent triangle pattern Our previously strong resistance area which was support may convert due to breakout now you can buy at 900 with stop loss 875 and hold for 950 targets price please first paper trade learn patterns or technical analysis Then you can trade with real money at your own risk. this is only for education and learning purpose thank you
Trent Cmp 900 dated 2.7.2021Trent Cmp 900 dated 2.7.2021
1. Ascending triangle pattern breakout made above
890.
2. rectangle breakout also above 890.
Buy for a tgt of 935-1080 SL 840
It is just a view, pls trade at your own risk.
TRENTStock has given breakout on all time frames. Buy above 905, TGT 8 to 10% SL 845. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Trent Resistance BreakoutShort term trade: Trent breaks above a resistance at 885. Looks good to go to 944 from here in the short term.
Ready to flyBuy for short term for more profit .
Cup and handle pattern and on supporting zone. it should be fly .
Stock for the week TrentGood evening friends the second stock is Trend if the stock is able to sustain the level of 880 then you can see e the stock can rise up to the level of 935 in weekly horizon we are only expressing our opinion and nothing like recommendation is there thank you regards
Trent - buyBuy from cmp to 836
easy target 870
t2 - 889/920
Disclaimer : This is my personal analysis for study purpose not intended for trading
