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...
Investors 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...
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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Trent for Positional Buy :
Targets : 2321.75, 2751.75 & 3466.90
SL : 1945.25
Please consult your financial advisor before investing
All research is for educational purposes only.
TRENT 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+.
Hello 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...
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-.
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
Hello & 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...
