Positional Stocks Must Correlate yourself on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
TRIDENT trade ideas
TRIDENT : CMP 39 Stock is Solid Uptrend from March 2020...correction can start anytime .... Can go long with SL 29 and trail it as per situation
TRIDENT LTDThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
TRIDENT Making a Flag PatternBuy after RETEST for long term.
Oscillators : Buy
Moving Averages : Strong Buy
BUY 18.50
TP 21.50
SL 17.50
Trident consolidationTrident is moving in a channel and huge accumulation is happening. It can reach 25 range in 4-6 months. It has showed the same pattern before.
#TRIDENT_ltd.TRIDENT ltd.
Technical view
above 21 days EMA (bullish)
at Trendline support (bullish)
after a strong breakout in Jan 2021, its consolidating with dry volumes.
Relative Strength viz a viz NIFTY is positive
Fundamental view
Promotor increased its holding in the December quarter from 71% to 73%
positive cash flow.
Disclaimer: Educational post
Buying #TridentMonday 15 March 2021
Buying #Trident at 9.33 am
Buying Value is 2% of My Portfolio
Let See if it Grows Perfectly.
Strict Stop Loss if it Crosses Below 12.70 before Market Closing Time 3.20-3.25 pm
AND
I will add 2% more if Friday Weekly Closing sustain above 17.25
Strong buy for 5 to 10 days Strong buy above 15.30
with the stop loss of 13.80
holding for 5-10 days
target is 10% return within 10 days
Trident: Time to Watch: IndiaHappy New Year
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
Trident back among favorite.. looking good for accumulation !!Key Reason for the view:
1. Triangle breakout
2. Channel range breakout
3. Good volumes
Long Term Wealth Creation Idea 2020 #1#TRIDENT 6.85 | Accumulate with long term perspective at least for 2X/3X+ gains...
Valuation/Dividend : Lucrative
Trident - Long Trident breakout and looking bullish for short term investment
Buy @ 6.50 - 7 / Stop Loss - 5.80
T1 - 7.50
T2 - 8.50
T3 - 9.50
T4 - 10.50
Note: This is my view and for educational purpose only.
