TRENTTRENT, find the chart and Redline is our stoploss.
DISCLAIMER : I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only.
TRENT trade ideas
Short The current market price of the stock at 5,490, is significantly inflated compared to its estimated intrinsic value of approximately 1,555, based on the current EPS of 14.43 and the P/E ratio of 107.84. This stark discrepancy suggests that the stock is trading well above its fundamental worth, implying that it may be overvalued.
Such a valuation could be driven by overly optimistic market sentiment or speculative buying, especially given that we are in an environment where market prices have reached unprecedented levels not seen in recent history. If the market corrects, as many analysts anticipate, the stock price could face a significant downward adjustment, leading to what some are predicting could be a bloodbath in the near future.
This scenario highlights the disconnect between the stock’s price and its true intrinsic value, suggesting that the market may be overpricing future growth prospects, or investors are too focused on short-term factors rather than the company’s actual earnings performance and financial health.
Sell on trentVolume Profile indicators are calculated using the data for the same symbol from the lower timeframes. For example, to calculate the Volume Profile for one daily session, we load all 1m bars that were traded in that daily session, analyze the price levels where they were traded and the direction that the price moved in – if the bar closes above or equal to its open, this counts as an Up bar, otherwise it's a Down bar. Once analyzed, this data is added to the Volume Profile histogram.
The particular logic used to decide which lower timeframe should be used for the calculation differs on an indicator-by-indicator basis.
Volume uses in the calculations
Volume Profile uses the following types of volume:
trade volume - for stocks.
tick volume* - for indices/forex and crypto cfd
base or quote volume - for crypto
* tick volume indicates the amount of price updates.We use up/down volume instead of buy/sell volume and calculate VP based on a price direction inside bars: if close >= open, we take it as an Up Volume, if close < open, it's Down Volume.
Review and plan for 16th January 2025Nifty future and banknifty future analysis and intraday plan.
Stock ideas included.
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
Review and plan for 3rd January 2024 Nifty future and banknifty future analysis and intraday plan.
Swing idea in stock.
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 Price are making HHHL
Seem like stock have bottom out
[Price are above 50 and 200 DSMA
Important support -6245 ( price have shown some good reversal from strong support area )
Support -6000/6800
Resistance - 7500-7900
Target -8500/9000
Time frame -6-12 months
DO NOT MISS 20 % RALLY IN FAST FASHION MASTER - TRENT LTDEverything is pretty much explained in the picture itself.
I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience.
I focus on simplifying equity markets through technical analysis. On Trading View, I share easy-to-understand insights to help traders and investors make better decisions.
Kindly check my older shared stock results on my profile to make a firm decision to invest in this.
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Thank you and invest wisely.
Start of the impulse wave | DB breakouthello fellow traders,
Trent has taken support on ascending trendline and impulse wave of the bull swing at weekly time frame has started.
The the DB neckline breakout at daily time frame was the trend change confirmation.
The target 1 is 22% and target 2 is 42% from CMP respectively
Risk reward ratio for the target 1 is 1:2.37 and target 2 is 1:4.75
The FNO strategy is below:
Set the target values as shown in the chart to get the projected profits at the below link.
sbull.co
TRENT: Short Trade ThrivesThe 4-hour chart of TRENT showcases a well-executed short trade setup using the Risological swing trader . With TP1 and TP2 targets already hit, the momentum hints at further downside movement towards TP3 and TP4.
Trade Highlights:
Entry Price: ₹7605.35
Stop Loss: ₹7975.20
Targets:
TP1: ₹7148.25 ✅
TP2: ₹6408.65 ✅
TP3: ₹5669.00 (potential) 🔄
TP4: ₹5211.90 (final target) 🔄
Technical Breakdown:
Risological trend line: A steeply falling Risological red trend line validates a persistent bearish trend.
Candlestick Formation: Consistent lower highs signal sustained seller dominance.
Volume Dynamics: Elevated volumes on red candles affirm selling pressure.
Strategic Recommendations:
Current Traders: Trail stop loss to secure profits and ride the trend toward TP3 and TP4.
Potential Entries: Watch for minor pullbacks toward TP2 for fresh short positions.
TRENT’s bearish momentum is far from over. Will TP3 and TP4 seal the deal? Stay tuned! 📉
TRENT LOOKS BEARISHIt is looking bearish but taken support today if tomorrow get closed green then it will be a sign of following this patterns and reacted for reversal,if support voilated then following trend.
TRENT TAKEN SUPPORTNext supports are shown in this chart and as per my view this support will not be broken if voilated next support are here.
TRENT BROKEN SUPPORT THEN WHAT HAPPENEDLook at what happenend having broken support if you observed.but now it is at support.
Trent Reversal?Keeping a close eye on the tata trent and also keeping in mind the upcoming result
Trent at good support level
Trent at point of reversal?
Trent upcoming result good or bad?
TRENTI couldn't see when this break down occured however i was waiting,but same time because i was busy in dixon,no issue now i ploted all support and resistances here you can tally your analysis.still i am expecting more downside let's see but this support is a strong one
Short correction followed by Strong bullish_Target 8600Price travel in channel, may come down to 7600 which is good range to enter. From 7600, it may go towards target 8600.
Disclaimer: Above is just my view based on chart technicals, not advice or call to buy or sell.
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.
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.
TRENT BUY @ strong performance In @ 8230 (Oct 9,2024)
Strong price action, ATH breakout and fundamental. Will exit it it goes -8% SL.
My target is +16% min and then buy more if it's performing 🎭 🤞
Always respect your SL🙏.
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.
Short term trading in TrentToday Trent gave a breakout with good volume in daily time frame.
Short term trading can be done with below targets and SL-
Targets - 8124, 8227, 8402
SL - 7881
Entry range - 7964-8050
