trident first target is 74 rs and second target is 116 fundamentally good company after coming sale flipkart and amazon this company making bedsheet ,pillow cover sale is good
TRIDENT
TRIDENT LONGGood volume seen in the charts.
Above 20 EMA.
Good for short term .
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Trident Trident is showing strength with volume emerging in charts.
Smart money seems entering the stock
Trident has a huge resistance at 40 levels for around 1.5 years
Stock can easily give a target of 60 in the short term and 80 crossing an All-Time high
#KPRMILL 684 target 800 Buy - Rachit SethiaKPRMILL
CMP 684
TGT 800+
SL 625
RR = 2
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
TRIDENT Long opportunityNSE:TRIDENT
Long term opportunity of approx 25 to 50% up move in price unless the stock changes to downtrend.
Have reversed after downtrend and forming support level.
Target price: (Rs.50 - 60)
Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.
Go for Trident!!Why Trident ?
• daily Retracement Successfully done.
• Last swing broken
• Further breakout retracement done
• Candle breaks 20 EMA and closes above that
• Resistance trendline broken
I'm bullish on trident. Let's see what happens!
Follow me for more future updates on trident and other stocks!
🇮🇳TRIDENT "V-SHAPED" RECOVERY AND NEXT POSSIBILITIESFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
Trident can Bullish ?Trident can run bullish side, go long side and keep Target with SL
very good Stock
Happy Trading
Good Price Action Triangle in 1DTF! Trident.***The above is simple the price action formed in 1DTF.
>The Supports are numerous... They are 5 good supports!
>The Resistances are 4... The 4th resistance almost took the 3rd one indicates the bullishness in the trend!
>The Trident is Textile stock which has the scope of showing the good numbers in coming Quarters due to Christmas is also a point to
be considered.
>The good accumulation is what I can see now, may be to give a good Break Out.
>The the risk to reward is 2, do Swing Trade and trail the stoploss once the R:R is captured.
***Trade and comment if any doubts in analysis, Thanks!
BREAKOUT IN TRIDENT Trident has given breakout in daily timeframe
Textile sector is good
Trident above 20 ema
Buy now with sl of 33
Trident on demand zoneTrident seems on demand zone previouse high volume candle created strong support and demand zone.
RSI weekly taken multipole support at 40
Daily time frame RSI also above 40 showing stock trending at high demand zone
Trident ViewTrident is forming Flag & Pole Pattern on Weekly Chart
Fresh entry only above weekly closing 40
Target 70+
Stop Loss 30
Trident - Will it Thrive or survive.Trading at important support zone, recent quarter is not good. Let's see what happens in future.
TRIDENT LEVELES ... D Candle (27.07.2022)TRIDENT now forms harmonic pattern , this junction is a good buying opportunity bcz risk reward is good, in short term we expect 50+ levels
TRIDENT LEVELS ...01/06/2022 (W Candle) TRIDENT now in exact previous support, once its reverse from low then expect 70+ again else its breaks 37 at weekly then its moves near 20
#raymond #abfrl #nykaa #arvind #kprmill #kitex #pageind #trident#Raymond
NSE:RAYMOND
NSE:RAYMOND
RAYMOND
CMP: 780
Entry 770
Target 980
SL 700
RR > 3
TF < 6 months
Return ~ 30%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Trident broke H&S pattern broke out with RSI 40+Trident broke EMA levels on daily time frame
broke out head and sholder pattern
Trident Trident (TRID) reported a strong performance in the Home Textile and Paper segments, driven by robust demand with the easing of pandemic woes. The demand trend in Home Textile is expected to continue, with major export demand bouncing back in FY22E. While we maintain our FY22 earnings estimate, on factoring in a) the growth opportunity with the normalization of business operations as well as b) an improving demand outlook, we increase our FY23E/FY24E earnings estimate by 11%/9%.
TRIDENT - LONG TERM VIEWIn recent weeks it has shown a price increase with a volume rise.
It's a good pick for long term investment.
Trade Details:
Entry at or below: 60
Stop Loss: 49
Holding Period: : 6 months or above
Happy Investment:)
