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Trent

TRENT Tumbles! Short Trade Hits First 2 Targets – More Downside?TRENT has exhibited strong bearish momentum since the short entry at 8161.30 on 15th October at 9:45 AM, successfully reaching Take Profit 1 (TP1) and Take Profit 2 (TP2). Key Levels Entry: 8161.30 – The short position was initiated as the price broke below this level, indicating a bearish trend. Stop-Loss (SL): 8253.15 – Placed above recent resistance to protect against a potential price reversal. Take Profit 1 (TP1): 8047.75 – The first target was reached, confirming the initial strength of the downtrend. Take Profit 2 (TP2): 7864.00 – Continued selling pressure led to this target being achieved. Take Profit 3 (TP3): 7680.30 – The next target in sight if the bearish trend persists. Take Profit 4 (TP4): 7566.75 – The ultimate target, suggesting a significant downward move. Trend Analysis The price is trading below the Risological Dotted trendline, indicating a strong bearish trend. The sustained downward movement suggests further downside potential, with TP3 likely to be reached if the current momentum holds. The short trade on TRENT is performing well, with TP1 and TP2 already achieved. With bearish momentum intact, the next targets at 7680.30 and 7566.75 could be within reach.
NSE:TRENTShort
by ProfitsNinja
1
Trent intraday overview not created as discussedIn my yesterdays post I shared my bullish overview in TRENT because it was performing well as compared to Nifty 50. Yesterday one condition was if price test yesterday high and hold at resistance level then upmove will be expected in TRENT. But today price tested yesterday high but not holded at resistance level and created a good retracement. Till 10am to 10:30am price was at yesterday high and created a retracement of 3 red candles with very low volume, So from here i was looking to enter in the trade but ther candle of 11:15 was not shown any strength and was indecisive (i was expecting healthy green candle with volume). next candle breaked its low with volume confirmed me that today price is not going to test resistance today, so i decided not to trade in TRENT.
NSE:TRENTLong
by jain_abhishek
TRENT Intraday Position Update (15m Time Frame)TRENT Intraday Position Update (15m Time Frame) We secured a solid entry at 7535.35 after the price crossed over the Risological dotted trendline. The price has successfully reached Target 1 (7698.10) and Target 2 (7961.45), maintaining strong momentum to hit the remaining targets. Target Points: TP 3: 8224.80 TP 4: 8387.55 Stop Loss (SL): 7403.65 The trend remains bullish, and we'll continue to monitor the position closely.
NSE:TRENTLong
by ProfitsNinja
TRENT has a pennant pattern for an upward momentum upto 10%TRENT has been seen on a pennant chart pattern and is on the verge of a good breakout on daily TF after almost a consolidation of almost 2 months. The company has increased institutional investing, a good 50% and above increase in sales QoQ growth for the last 3 quarters and EPS growth of 40% to 100% in the last quarter. Good for swing traders. Can hold for about 10-15 days. Entry - INR 4080 (Kept in WL, will wait for breakout with good volume.) SL - (Swing Low) - 5% TSL - According to your risk profile post 10% Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
NSE:TRENTLong
by Rokdevildivine
Keep An Eye - Consolidation Breakout - TRENT 📊 Script: TRENT 📊 Sector: Retail 📊 Industry: Trading Key highlights: 💡⚡ 📈 Script is giving breakout of Consolidation Zone we may see good rally till 4243. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 4158 🟢 Target 🎯🏆 - 4243 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:TRENTLong
by radha_23
1
"Eyeing Trent stock 📈: Set your sights with a stop loss at 3900Investors eyeing Trent stock may consider a strategic approach with a stop-loss set at 3900 and a target price of 4300. This approach aims to manage risk by limiting potential losses while targeting a specific price level for profit-taking. The stop-loss serves as a safety net, protecting against adverse market movements, while the target price provides a clear objective for capitalizing on the stock's upward momentum.
NSE:TRENTLong
by Shivam_Bhanot
BTC/USD 1M. Monthly chart. Global trendHere's the global - main - trend of Bitcoin from the Bitstamp chart. We see a channel forming here. Now Bitcoin is near the support zone. All the main details by my view are shown on the chart. Still not all the details, not to make the chart messy. Locally(from the perspective of the monthly chart) we see a down trendline forming here(orange). We can potentially reach and broke this trendline in the near future. If we don't break it now - our potential then the nearest monthly support level, which is 13880$. Still. If we break this local downtrend we can reach the monthly resistance zone which is 38500-45500$(shown on the chart). The POC of all distribution of 2021 is around 36000$. So this same zone might be the medium of the potential future distribution. Eventually, we are still to reach 13880 support zone in my opinion. Also, if you pay attention, the same price movement that was in 2017, when we reached 20k$, might happen this time also, but this time in the other side. It's be a squeez from the support of the channel down. Exactly the same percent down, as it was up in 2017, is precisely the 13880$ level. You can check it by yourself. So there are basically 2 main scenarios - break of a trendline and reach of 38-45k$ zone. Or not break of a trendline and then we reach at least 13880$. Everything is quite simple.
BITSTAMP:BTCUSD
by Ivan3tt
GBPJPY Sell PositionOur pivot point stands at 169.05. Our preference Eye 166.16. Alternative scenario The upside breakout of 169.05, would call for 170.11 and 170.74. Comment The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (168.26) but above its 50 period moving average (168.10). Supports and resistances 170.74 ** 170.11 * 169.05 ** 168.63 168.16 last 166.80 166.16 ** 165.53 * 164.90 ** Number of asterisks represents the strength of support and resistance levels.
Long
by talhashaheen
Makerdao trent analysisWatching the trent from Makerdao indicates me the bodem is in. It's time for this coin to move on if it want to remain bullisch on the long term. The target for next few years will depent on the preformance, based on what i see now the higher high's will be made around the 10k next years. If not this will become a very expensive bearish coin in my opinion. It's not a mintable coin, so i expect atleast some preformance from makerdao in return. (My opinion). Time will prove the truth...
COINBASE:MKRUSD
by UnknownUnicorn27344900