trident rounding bottomtrident in formation of rounding bottom pattern. only for educational purposeLongby Mahesh_19942
Trident NSE Date - 22 March 2024 Time - 10:30 AM WHAT is, 1. VAH& VAL- The upper limit of the Value Area is called Value Area High (VAH), while the lower limit is referred to as Value Area Low (VAL). These levels can serve as potential entry and exit points for trades. 2. POC- The price level for the time period with the highest traded volume. -As we can see, since last year Trident is doing HH and HL. (Bullish) -After using Fixed Range Volume Tool for both long and medium time periods we have find that 36-37 Rs is where long term VAH volume and medium term POC + 100 Ema is also meeting at same price and creating strong support. -Today's price movement is confirming strong support at 36-37 Rs. So, with a SL of 32.40 (Prev HL) We can LONG Trident for Medium Term. Thank You! Have A Good Day! Longby KRSChartsUpdated 25
Trident | Swing Trade | Opportunity Hello friends, Another stock reach at its demand zone and break level of chart pattern. Trident has exhibited a significant breakout from its well-defined triangle chart pattern. This technical indicator suggests a potential shift in momentum, making it an attractive prospect for swing traders looking to capitalize on short- to medium-term price movements. The breakout implies increased buying interest and potential upward price action, indicating a favorable entry point for traders aiming to maximize their returns over a few days to several weeks. This pattern breakout, supported by increased volume, underscores the strength of the move, reinforcing its credibility as a trading opportunity. Do you own analysis and trade with your risk management strategy. Like | Share | Comment Regards Thank you. Longby apstockidea6623
Trident May 2024 Current price @ 39.70The stock has been consolidating for few months. Stocks has the potential give 30% returns. Q4 results will be published on 15 May, if results are good stock will trade up to Rs 49. Short term basis buy around 39 target of RS 42.90, 44 stoploss 36 Long term Basis target of Rs 46, 52.60 stoploss Rs 35Longby rajeshmugad9997
Trident : Double bottom -Good Above 42 for C&H Pattern28/Apr - The Chart is forming Double Bottom pattern above 42, which on completion will form Cup & Handle Pattern. One can take small tracking qty at 42 and top up until 52 for next targets Potential Targets and Stop Loss plotted on the chart. Tip : Setup Alert when crossing above 42 on daily closing basis Disclaimer : Educational Content and not a Recommendation.by jain_geetesh117
Trident looking Very Strong Above Trendline Ready to break trendline + Resistance area volume + rsi also rising shows strength it can give decent return in very short term, keep in radar Longby Marketik10
TRIDENT possible reversal candidate.As the chart suggests, Cup&Handle retest in weekly time frame, observe the price action and plan your trade.Longby PK_007Updated 131314
TridentInverted head & shoulders breakout Buy now at 37rs Accumulate till 34rs Target 42, 47. SL 31 belowby Index_LoverUpdated 26
Trident price projectionTrident breakout done and it didn't move up now it is retesting, one can enter once it moving upLongby siva_g7
Father of all trades One of the best trade with classic inverted head and shoulders formation. This is once in a while trade and targets are humongous. Do your own research before buying or selling.Longby rohitjoshi57213
TRIDENT | Positional Trade📊 DETAILS Sector: Textiles & Apparel Mkt Cap: 20,842 cr Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals TTM PE : 45.44 (High PE) Sector PE : 26.49 Beta : 0.98 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 6.51% away from 52 week high Outperformer - Trident up by 12.36% v/s NIFTY 50 up by 4.1% in last 1 month 📈 FINANCIALS Piotroski Score of 5/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 1010113
Trident up-move incoming (1:6 RR)Trident has given a clean breakout of an important resistance with extremely strong volume support. Plus the sector as a whole has seen price increase in recent time which gives this trade more confirmation. One can accumulate the stock around 44 - 46 levels with a stop of 42. Targets can be good if help for medium term. One can expect retest of previous lifetime highs.Longby ST_SNOOPYUpdated 5527
Swing or Positional Opportunity in TridentGo Long above 46.8 for Targets of 52.7, 55.65 and 58.6 with SL 43.85 Reasons to go Long: 1. On a daily timeframe the stock gave Trendline breakout. 2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 3. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.5 Fibonacci level.Longby Nimish_GhagareUpdated 17
Trident Ltd A Fundamentally strong stock it may turn out to be future multibagger Rounding bottom on weekly chart Trident:- Buy at 24 - 30 - 35 - 42 Stoploss 19 Rounding Bottom Tgt 86 Swing Tgt 57 - 70 Long Term Tgt 100 - 200 Very long term Tgt 500+ This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.Longby MasterTrader1949X28
TRIDENT Swing TradeExcellent chart pattern. It has come out of resistance after 1-2 years. Started making Higher Highs and Higher Lows. Buy only above 47 Stop below 42.8 daily closing basis (DCB) Target 1 - 65-70 Target 2 - 100++Longby abhaychakravarthi554
Trident- Will it form a dent on resistance of 48?Trident- Wonderful RB pattern formed. Gave a false breakout on daily. Currently at resistance of 48. If the candle close is above 49 this week, then quick upmove is seen to the first target of 57 and then to 70 and thereafter very high chances of higher targets getting unfold. Team Stocks-n-TrendsLongby Flash_J6
TridentInverse Head and Shoulders chart Pattern formation is commonly used in technical analysis to predict the reversal of a downtrend.Longby vaibhav10509
Trident Breaks Above Support - Time to Go Long?echnical Analysis Update (18 January 2024): Trident stock has found strong support around the 43 level, as we anticipated in our previous analysis. After a brief dip below this zone, the price has bounced back convincingly, signaling a potential bullish reversal. Bounce Confirmation: The recent price action shows a clear bullish engulfing candlestick pattern, confirming the rejection at support and suggesting further upside potential. Entry: Consider entering a long position above the immediate resistance level around 43.50 to 44 Stop-Loss: Place a stop-loss order below the support level at 43 to limit potential losses. Target: Potential upside targets could be near the recent swing highs around 61 or higher, depending on market momentum Remember: This is not financial advice. Always do your own research and consult with a qualified financial advisor before making any investment decisions. Market conditions can change rapidly, so be sure to monitor the stock closely and adjust your trading plan as needed.Longby TRADINGNASA12
Trident - Weekly BreakoutAnalysis for educational purposes only. I am not a registered analyst. A Higher High Higher Low structure on price action is considered as an uptrend. - In the weekly chart, we see a breakout of previous Higher High. - Wait for Higher High retest and enter somewhere close to it. - Cannot expect a stock to test the exact same value. - Set SL as previous HL or in cases where there are other lows close by, choose the lowest one. - Calculate the possible loss assuming the stock hits SL - If you are OK with the calculated loss, enter. - Trail the SL at every new Higher Low. - Wait for breakdown of a Higher Low OR TargetLongby srini_charts9
TRIDENT [NEWS]_{TECHNICALLY BULLISH}_(BUY)TRIDENT has closed near an upper circuit. Everyone might be curious about the technical outlook as you can't do anything with fundamental sh*t in a news stock Longby smounferUpdated 10
Is TRIDENT ready to blast ?NSE:TRIDENT Trident looking good for swing trade if bullish momentum continue in trident Voumes also good Buy above - 41.50 Sl _ 35.95 Target - 50-57 Trident is ready to break its 2 years resistance Best entry - when daily candle close above 41.5 I m not sebi registered take trade at your own risk Longby devanshujain58Updated 14
Amazing breakout on Weekly / Daily Timeframe - TRIDENTCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) Longby Yoyohoneysingh934
Trident Trade Set up for 1:181. Set up: Triangle pattern 2. Pattern: Rounding pattern & Triangle 3. RR extremely lucrative Longby The_SharkTraderUpdated 33269