Triangle pattern ready for a breakoutTrident forming Triangle pattern ready for a breakout after long consolidation..... Targets mentioned in chart....
Trade ideas
TRIDENT VIEWTrident bullish view and long up trend.Please find my view and before investing please do your own analysis this is for educational purpose only
Descending Triangle PatternTrident has formed a descending triangle pattern. If it gives breakout in upside then a bullish move can be expected.
Otherwise, it will be bearish trend.
PS - Trade at your own risk. This is only for educational purposes.
Instantaneous Compound Interest Rate - [Bhushan]This study shows you the instantaneous compound interest/Compound Annual Growth Rate over the defined length. Can be considered good to identify the trend of a particular stock. Also, you can define a comparative line like say 14%, when this limit is crossed, the stock is performing better than the average index value mentioned.
Simple Inputs:
Length: period over which you want to calculate the Compound Interest. It works according to the number of bars/candles in the selected chart/symbol combination. Any symbol and any timeline can be selected.
Cap Limit: As sometimes the returns are crazy high, especially, in short-term spikes, this cap is applied to make the chart more readable, you are free to increase it anytime you need.
Comparative Rate Line: A comparative rate limit line can be plotted. eg. like 14% or 17% for various index performance.
Crossing the rate line provides a good long entry point indicator for me on a daily scale. Not a piece of advice, but I tend to use it.
Please note: As this is a historical indicator, don't use this for an exit point. Choose other relative measures for exit points.
Enjoy and please let me know if you like it or want any better measurements. Please also let me know do you get any positive results from using this script.
-Dr. Bhushan
HEAD AND SHOULDERS PATTERN IN TRIDENT A chart topping pattern is been forming in TRIDENT
Lets see if it breaks the neckline
Long UptrendCan expect to reach 58 with a Stop loss of 44.5
If it breaches 60 and sustains above it, we can expect a New High.
Only for Educational Purpose.
Trident Limited, the flagship company of the Trident GroupTrident Limited, the flagship company of the Trident Group, is a leading manufacturer of yarn, Bath Linen, Bed Linen and wheat straw-based paper, Chemicals and Captive Power. Currently, the company has manufacturing facilities in Barnala (Punjab) and Budhni (Madhya Pradesh).
Trident weekly chart #TridentTrident is looking good for accumulations, draw a kind of vertical line cause it could find resistance to go below
could act a good support check yours if find fundamentals are good add on dips
TRIDENTBreakout soon to happen if its breaks out the triangle pattern with a good volume.
If it breakdown 42 will the support zone.
if it give positive breakout in 55...it will rise up.
Trident : Can deliver 100 % returns from hereTrident : Can deliver 100 % returns from here ??
stop : 13.7
tgt 32
For medium term
Follow RISK MGMT and tRADE mgmt principles ..
Trade at your own risk and risk bearing capacity
Bullish on TridentLong awaited breakout approaching.
Can expect to reach 73 and may extend beyond to 80 levels
Breakout SoonCMP 56.50
upward slopping 200DMA
Ascending triangle in progress/Flag formation
Volume double
RSI uptrend and broke out before price breakout
SL 53
Target 64
ROUND NECK IN TRIDENT !!!#SHORT-TERM#
#FRIDAY#
NSE:TRIDENT
@VK2413
{
TRIDENT stock has formed the neck pattern.
time to evaluate it's STRENGHT !!!
it's a good stock which have potential to give more than 20% in short term.
it took support from 48-49 levels, it always moved upward !!
EVEN GOOD FOR LONG-TERM (more than 50-60 % within 5-6 months)
}
BUY TRIDENT
{
TRIGGER:- 53-54
TARGET:-60-65
STOP LOSS :-47
}
" BELIEVE THE TREND ,GO WITH THE TREND "
Like👍,❤️Fallow,@VK2413🙏
Buy Trident - One Of The Best Textile Stock Right NowHi guys we will buy trident because it has fallen quite a lot after the crash and has stabilised a little bit and if we look at the Us and
the India markets they are looking bullish so trident will also show signs of bullishness and it would be pretty good trade.
That's all make sure to follow and like
Bye
TRIDENT LTD - END OF TEXTILE RALLY?TRIDENT LTD, CMP is around support levels and the stock just breached 50 day MA, well it is conditional short look at the present market condition, if the stock holds support and if it breaches then stock will come in the range to correct the same and can go till 40. watch out.
DISCLAIMER - I AM NOT A FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.
After Long ConsolidationTrident Chart After Long Consolidation Brekout & Retest Go For Swing Trade Best
For Educational Purpose.
TRIDENT LOOKS BULLISHTRIDENT
CMP: 62.30,
TGT: 77
SL: 57.5
Risk Reward (RR): 1:3.2
Potential Returns : 24%
Potential Loss: 7.5%
Time Frame: 4-8 Weeks
Trident - Chart analysisTrident is preparing for a bull run we can expect the short term target 70.00₹. a little wait can bring some good news we are waiting for a candle to closed above 63₹ if that happened on hourly chart. get ready for continuous upper circuit. All risk subject to market risk. discuss with your advisor before investing... Happy trading
good buy oportunity if breakout happensCan buy if resistance breaks and target upto mentioned price range
Trident on rise !!The stock has come out of its consolidation zone and is ready to rise.The RSI is above 75 .The targets are shown on chart.
Trident for Shorterm and LongtermTrident is formed flag pattern for twice so that means going to reach the target again( Strong bullish momentum)
BrekoutThis guy gives massive returns when it breaks in little
Time.can try for another blast...!...🤩
