Trent Ltd10/06/2024
Trent Ltd
CMP:4969.45
Wait to retest 4680 - 4500
Information is only for study purpose
TRENT trade ideas
Trent for Positional BuyTrent for Positional Buy :
Targets : 2321.75, 2751.75 & 3466.90
SL : 1945.25
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All research is for educational purposes only.
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.
Volume deficit breakout predicts down move in TrentDue to low volume high on 22nd Apr'24 compared to previous voume at this price, chances are the price will not move further high.
This is further confirmed by higher price on low volume on 25&26 Apr'24
TRENT(D)TRENT consolidating near its high levels. Traders monitoring for potential breakout from this consolidation pattern. 📈
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.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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"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.
Trying Candlestick's Patterns !If you do find mistakes please do let me know so I will improve,
But I see Uptrend Then Shooting Star and then Confirmation Candle Bearish Engulfing .
Continuation of trend and Inside bar And Follow Up , Then Morning Star.
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Rising Wedge breakdown in TRENTTRENT LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakdown of Rising Wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 2017-.
✅Can Go short in this stock by placing a stop loss above 2115+.
Short term Breakout Trade in TRENTHello Traders,
Trent looking awesome on daily chart because it has given a proper breakout, MACD also showing bullish crossover,,now bullish moment can be seen in this ticker for few day to month..and this bullishness will take this to reach their all time high,,i am expecting a move towards 1550 level.. this trade can be initiated from current price to 1341-1315 level..and stop loss will be 1245. this is also best stock to hold for long term..if anyone wants to take a swing trade definitely can go with given level.
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Head & Shoulder pattern breakout in TRENT TRENT LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2170+.
✅Can Go Long in this stock by placing a stop loss below 2065-.
TRENT TRADE SET UP1. Trend - Bullish
2. Strength - Strong
3. Pattern - Pole&Flag
4. Breakout - Confirmed
Trent-Nice breakout.Trent-Nice breakout.
Capital to be deployed- 20k
Price -1685
Stoploss-1512
Targets-2159
#trent #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
TREND LINE BREAKOUT BUY TRENT 1380----1370 SL 1348 TARGET 1485
Trent line breakout + poll and flag
good risk reward 1/4
Trent LtdWhen It breaks the channel range Target will Double that range and wait for the breakout maintaining Risk-Reward as per your Capital and Psychology
New move can be there after trapping long in trent Long position trapped after false breakout now if stock breaks 1272 than stock might face a minor support near 1263 after that a target of 1245 can be seen but if stock breaks the range above 1288 than short target of 1306 can achieved
TRENTHello & welcome to this study on daily time frame
As per Ichimoku it is seeing a rejection near a cloud with future kumo still bearish. It could now do a pullback till 1250 (with interim support near 1290) as long as it remains below 1340.
From the daily base line support (expected retracement level from here) a fresh rally could take place for 1450 (provided 1250 holds)
Immediate short term bearish
Medium term bullish
trentAsanongoinginitiativetoemphasizecontemporarylook&feelandimproveconsistencyofbrandexperienceacrossthestore portfolio,Westsidehasacceleratedthestoremodernizationprogram.Thismodernizationplanwouldcontinueforolderstoresin aphasedmanner. •Itadoptsanentirelyintegratedmodelbetweenitsstoresandonlinechannelswithalmost100%oftheordersbeingserviced directlyfromstores,itlooksforwardtogrowthischannelsignificantlyintheyearsaheadandleveragingtheTataNeusuperapp whichwouldallowWestsideaccesstoaverylargeanddiverseaudience. •Zudiocontinuestoshowhugepotentialinvaluefashionretailwithacceleratedstoreadditionsplannedforthecomingyears, drivingupscalabilityandgrowth. •Starquik-theonlinegroceryportaliscontinuingtowitnessencouragingcustomertractioninthemicro-marketsaddressedwith revenueshavingdoubledoverthepreviousyear.Thebusinessisintegratedforsourcingfromthestorenetwork,bringingomnichannelconvenienceforthecustomer. •BILhasbeenrealigningthestoreportfolio,refrainingfromdeeplydiscounted/negativegrossmargintrade(onthebackofcertain wholesaleonlineplatforms)andpivotingtowardsanownbrandedrangeinmultiplecategories.Overtime,thereisapossibilityof leveragingthisoperationforscalefromadistributionstandpointforitsownbrandedrange(eg.Fabsta,KliaandSkye).Theyare alsointheprocessofintegratingoperationsinthefood&groceryspacetorealiseefficienciesandtooptimisepresence.
TRENT Trendline support7th time near its Crucial Zone, and a good support trendline.
A less risk high return trade above 1200 (CMP 1197) with SL 1150 and a target of 70%
