TRENT bouncing back. took support at fib @ 60 percentage. long 7170. education purpose only.Longby ArunKumar1707861
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. For any query kindly dm. Thank you and invest wisely. Longby Abhishekingx3
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 Longby the_paradoxUpdated 7
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! 📉Shortby ProfitsNinja6
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.Longby OM-MADY-stockmarketclasses1
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.Longby OM-MADY-stockmarketclasses5
TRENT BROKEN SUPPORT THEN WHAT HAPPENEDLook at what happenend having broken support if you observed.but now it is at support.Shortby OM-MADY-stockmarketclassesUpdated 0
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? Longby harshtripathi07180
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 oneShortby OM-MADY-stockmarketclasses0
TRENTTrent looks bearish,there is reaction at its supports & resistance as per my analysis.Shortby OM-MADY-stockmarketclasses442
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. Longby URSVINO7
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.Shortby ProfitsNinja111
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.Longby jain_abhishek2
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🙏.Longby jagadishraju20071
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. Longby ProfitsNinja3
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 - 7964-8050Longby alamcet2
Sell Trent great sell signal trent with 7800 stoploss spot . already overbought and technically seen good sell and its consoladating also hence great opportunity Shortby sorathiyarobin786113
TRENT S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh2
Trent Ltd view for Intraday 20th September #TRENT Trent Ltd view for Intraday 20th September #TRENT Buying may witness above 7360 Support area 7280. Below ignoring buying momentum for intraday Selling may witness below 7280 Resistance area 7360 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra2
ATH breakout Good volume buildup in daily and weekly timeframe. Price has always respected 50ema in daily time frame wait for retest ai ATH zone of retracement at 50ema. Fundamental's are good. Profit up QOQ. FII stakes increased. Trent is mainly textile part of TATA SON'S. Assumption➡️ Bangladesh democracy meltdown in terms effecting the textile hub that it is and it might help other textile country hubs. NOTE: I do my analysis, do your before trade.Longby GreyandWise4
Trent preparing for his super performance in upcoming contractOne of my favourite bullish patterns - Hidden Bullish Divergence 📈 I am studying Trent for August Futures series if it holds the support for this whole week Final stoploss would be - 5100 WCLB Price Movement: Trent Ltd. has shown a positive movement with the stock closing at 5,263.80, up by 53.60 (+1.03%) from its previous close. The stock reached a high of 5,310.25 and a low of 4,955.65 during the day. Volume: The volume for the day was 763.626K, with an average volume of 598.147K, indicating higher trading activity compared to the average. Moving Averages: 20-day EMA: 5,391.74 50-day EMA: 5,111.77 The stock is trading below its 20-day EMA but above its 50-day EMA. This suggests that while there has been a recent dip, the longer-term trend remains positive. Support and Resistance Levels: Immediate Support: 5,112.29 (close to the 50-day EMA) Immediate Resistance: 5,391.78 (close to the 20-day EMA) Chart Patterns: The stock has shown a consistent uptrend over the past few months, with occasional corrections. The recent pullback towards the 50-day EMA could be a healthy correction, providing a potential buying opportunity if the stock bounces back from the support level. Summary Current Trend: Uptrend with recent correction. Key Levels: Watch for a bounce back from the 50-day EMA around 5,112.29, and resistance around the 20-day EMA at 5,391.78. Indicators to Monitor: RSI and MACD for buy/sell signals. Disclaimer: This analysis is not financial advice and is provided for educational purposes only. Please consult with a financial advisor before making any investment decisions.Longby Trendxinc116
Cup N Handle BreakoutTrent is breaking out of the cup and handle pattern after a four weeks of consolidation. As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities. Entry: 4700 Stoploss: 4600 Targets: 5000 / 5050.Longby Shorabh_JainUpdated 4