Bullish fkag pattern in Trident…This flag pattern can show huge breakout… Add on your positions on dips and hold for long…
TRIDENT trade ideas
Good time to pick up for targets!10% in a short time frame.
This pattern has occure in past for 2 times it mat continue again.
alredy given a breakout and susutaing can go higer also trail stoploss once tagert are achived.
Symmetrical triangle formation - upside possibleChart is self explanatory. Levels mentioned may be used as stop loss
Trident 5% upper circuit today *For educational purpose only it's not a call do your own analysis. We won't be responsible for Any profit or loss.
Chart Posted yesterday today stock hit 5% Upper circuit.
Trident Ltd 1D #Symmetrical triangle Disclaimer :-
*For educational purpose only, it's not a call do your own analysis.
Stock may see a good up move in coming days.
Thanks!
#Breakouttrades.....
Rising Wedge formation ✨Currently Trident is showing up Wedge pattern wait for breakout.. thats is after 23.
trident chart analysisbuy near 19 or below for target of 24 .
very good chart pattern moving like stairs.
trident Trident stock looks good to me with targets of Rs 20 and 22 in shortterm.
It has given a breakout and will move on AGM News.
Tridenttweezer bearish 21.15
if this is not taken out by bulls in near future then it could be bearish
tridentits near to its all time high if it closes above 19.35 it can gain momemtum ...volumes are also looking good
TRIDENT RESISTANT BREAK OUTonce breaks above 20 rs, expect upper circuit.
this is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Bullish on Trident Ltd. Fundamental
1. Strong financials, can consider for long term.
2. Trading at lower value due to bad quarterly results, accumulate at a fair value.
3. Business operations should go up once the pandemic is over and lockdown restrictions are lifted.
I consider it a potential multibagger.
Technical
1. ADX rising in a sideways trend, possible breakout.
Price Range
Buy above 17.50 for
Target 1 = 19.3 (~10%)
Target 2 = 22.2 (~27%)
Target 3 = 24.3+ (~38%)
NSE:TRIDENT
BSE:TRIDENT
Trident - will the pattern repeat??Company fundamentals are good. One can treat this as an investment also.
Trident - Expecting more than 20% returns in short span
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
TRIDENT: VCP PATTERN BREAKOUTNSE:TRIDENT
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
