Trent Ltd: Breakout or Fakeout?Trent Ltd: Breakout or Fakeout? Someone’s positioning — the question is which side.
Trent Ltd remains one of the more resilient players in India’s retail landscape. While broader consumer sentiment remains mixed, the company continues expanding its footprint, especially through its Westside stores and fashion vertical. Recent earnings have been stable, and institutional interest appears to be creeping back in — confirmed by a steady rise in volume.
Technically, we’re at a decision point. Price is testing a major descending trendline drawn from the all-time highs. So far, no breakout — but signs of accumulation are building. All major EMAs (50/100/200) are below the price, putting buyers firmly in control. Volume is rising on bullish candles, with no signs of distribution. RSI is holding above 50, climbing steadily, and showing a healthy impulse without overheating — plenty of room left for upside.
The key setup: wait for a confirmed breakout above the trendline, then a retest, and only after that consider entering. Targets, based on Fibonacci levels, line up cleanly:
tp1: 6337.60 (0.618)
tp2: 7484.65 (1.0)
tp3: 8301.40 (1.272)
Until then — this is a watching game, not a trading one. Momentum is building, the structure is clean — but confirmation is king.
BlueStar_ShortSHORT ALERT:
Price rejection from Resistance & 20 DEMA with decent Volume
200 DEMA > 50 DEMA > 20 DEMA
Good for Swing play
Disc: Educational Purpose Only
Review and plan for 10th June 2025 Nifty future and banknifty future analysis and intraday plan.
Positional ideas.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
TRENT Weekly Chart-After a massive 41% correction, the stock is showing signs of reversal with a strong W-pattern and falling wedge breakout attempt.
Watch ₹6,000 closely — a breakout above could trigger fresh momentum toward ₹6,500 and beyond.
₹4,800 remains a critical support to protect.
Volume buildup will be key for confirmation.
⚠️ Not a recommendation. Do your own research.
IEX_Near key Resistance Zone- Price near one of the key resistance zone (but with decent volume
- Price sees some difficulty in the zone with long wick on top
- Next few days will be interesting to watch
- Watch & Play
do yo have a choice ?clean setup, performing stock from its sector looks forward to get it go higher and higher
NAM_INDIANAM_INDIA
watch above levels. green line is our entry, redline is our SL.
DISCLAIMER : I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only.
time for data center stocks ?looks bullish sector rotation towards data center stocks lets see how it performs :D
LAURUS LABS_ALL TIME HIGHPrice breached all time high with big green candle
with decent volume.
When the hourly looks attractive, worth trying to go long with tight SL.
Disc: Educational Purpose only
Ready for its explosion ?premier explosives looks good on charts ready to explode now eod closing above 611 can hit 700 and 800 level
do investment at your own risk
Strenght in nounce back : Tata Tech Strenght in nounce back : Tata Tech
seems like stock is bouncing back from ipo low. forming IPO base
we can expect 20 to 22% target with few months ( o.5 fib retracement marked in chart)
Sl keep trailing.
Its large cap fundamentaly good company
Geojit Financial : Bounce back ??Geojit financial is bouncing back.
volume dried up showing institutional accumulation zone
buy above 90 ( 200 EMA breakout )
Target 110 ( 0.5 fib retracement)
20% upside
This is purely for educational purpose and not a buy sell recomendation
NFL :A look NFL showing strengh in bounce back
CMD 99
Target 110, 120
Sl 96
Fib level marked in chart
This is purely for educational purpose and not a buy/sell recomendation.
Shree CementCup and handle pattern formed , which is quite basic but the main reason for the trade is that it seems share is being acccumulatrd at every level and has not yet shown any specific upmove in any rally of nifty. so break out is awaited and tgt has been mentioned.
IREDA_Long- Price breached a recent high (resistance) and moves up with good volume
- Breached 200 DEMA
- 20 DEMA > 50 DEMA
- Looks good for short term
Disc: Educational Purpose only
AXIS BANK - FOR SWING TRADEOn a weekly time frame price has given a curve line breakout and currently price is in a range .
Previous week a Pin bar candle has formed in it's Fib 50% level which is also a good support area.
Current price is 1219
This week price can give us a good upside move, if not then price will be in the same range.
Bullish ideaFormed cup and handle at all time high sign can make profits. Make sure to check one more bullish pattern for double confirmation and. Check volume at breakout time. This is only for the educational purposes.
TECHNOCRAFT is good to buy around 2876TECHNOCRAFT is in momentum now, on 15 min candle it shows buying indication around 2876,
if days momentum is posisitve then we will think to buy around that level otherwise we will watch it only.
AARTI DRUGS at Best Support !!This is the Weekly chart of AARTI DRUGS.
AARTI DRUGS having good law of polarity at 425-440 range.
If this level is sustain then we may see higher prices in AARTI DRUGS.
Thank You !!
WIPRO at Best Support !!This is the 4 hour chart of Wipro ltd.
WIPRO has a strong support zone in the 245–248 range.
WIPRO is forming a symmetrical triangle pattern, with a potential target of 268, which also aligns with the channel's resistance zone at 268-270."
If this level is sustain , we may see higher prices in Wipro !!
Thank You
Positional Setup for Laurus LabsCMP: ₹667.35
Breakout Level: ₹657–660 (now turned support)
Support Zones: ₹657, ₹618
Resistance Levels (next targets): ₹705–710, ₹735
Indicators:
Supertrend: ✅ Bullish
TEMA 5-9-20: ✅ Trending up
Volume/Price Action: Strong bullish candle post consolidation
📈 Technical View (Positional)
Laurus Labs has broken out above ₹657 resistance with strong momentum, closing near day’s high.
The chart shows a previous consolidation box (highlighted) followed by trend continuation—classic breakout setup.
Positional structure is bullish, with price holding above key moving averages.
🚀 Positional Targets:
Target 1: ₹705
Target 2: ₹735
SL (Closing Basis): ₹638
