TRENT trade ideas
NSE: TRENT Bullish Reversal Start DTF/WTF TGT 7500 in 160days Stock Analysis
Trade Plan:
Entry: 25% of the total quantity at 5580 DTF Close, with an additional 50% added at 6200 DTF Close Price.
Stop Loss: 5100
Target 1: 7500
Target 2: 8200
Hold for a period of 6 months to 1 year or until the target 2 is reached.
Chart Pattern:
The stock experienced a 24-month streak to touch an all-time high (ATH) of 8300 . Subsequently, it retraced in 4730 in 6M time.
Technical Indicators:
The stock’s daily timeframe (DTF) shows that the price is currently trading above the 50-day exponential moving average (EMA) and the 20-day EMA below the 50D EMA. This indicates a transitional phase of alignment in the stock’s EMA indicators. A potential bullish trend in formation on the DTF/WTF timeframe.
This current level could serve as a potential entry point for investors, depending on their risk tolerance. More cautious investors might consider entering above the retracement level.
Volume Analysis:
There has been a drying up of volumes on the sell side for a two quarter now. There is buying in the past four weeks but above the 20VMA.
Prioritize Watch List:
Keep this stock in your watch list for further analysis and potential trading opportunities.
Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or When 9EMA crosses Below 21EMA in DTF. Earlier too basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions.
Technical Analysis Concepts:
Multiple Time Frame Analysis (MTFA):
Daily Time Frame (DTF): Used for short-term analysis and identifying trends.
Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation.
Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis.
All-Time High (ATH): The highest price reached on a specific chart.
Lifetime High (LTH): The highest price reached over the entire chart’s history.
Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses.
Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months.
Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly.
CHART PATTERNS
Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend.
Breakout (BO): A price move closure above a resistance or below a support level.
Flag & Pole BO: (F&P BO) Bullish Continuation Pattern
Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity.
Moving Averages:
Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data.
Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks.
Fibonacci Retracement/Extension:
Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements.
Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.
TRENT ON TREND - CLOSING ABOVE 5290Everything 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.
Kindly dm for further assistance it is for free just for this stock.
Thank you and invest wisely.
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.
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.
For any query kindly dm.
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.
