TRIDENT trade ideas
Trident - Will it Thrive or survive.Trading at important support zone, recent quarter is not good. Let's see what happens in future.
TRIDENT LEVELES ... D Candle (27.07.2022)TRIDENT now forms harmonic pattern , this junction is a good buying opportunity bcz risk reward is good, in short term we expect 50+ levels
Trident Penny Value investingTrident is fundamentally good diveesified company
after making high of 70 from lows of 3rs, it has retraced around 50%, i.e. 36.75
This seems value are, one can accumlate at this price for long term, if it comes lower add more.
Good company as penny investment. maximum 10% of your portfolio.
Targets : 70,100 and much more
-Saptarish Trading.
TRIDENT LEVELS ...01/06/2022 (W Candle) TRIDENT now in exact previous support, once its reverse from low then expect 70+ again else its breaks 37 at weekly then its moves near 20
Trident broke H&S pattern broke out with RSI 40+Trident broke EMA levels on daily time frame
broke out head and sholder pattern
🟢⚠️TridentTrident fair value is around Rs 50 to Rs 53.
if you still don't have this stock in your portfolio then you must think about it about 🤷 what to do with this stock ❤️👑
1st Target🎯70
2nd target 🎯80
Stop loss💔48
Risk reward ratio🎁4.5
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To make right🟢👍decision
Make your own analysis
TridentCheck out trident for small gains. Started with bol. band and with fib. levels it could be great to have a look at it.
Trident Trident (TRID) reported a strong performance in the Home Textile and Paper segments, driven by robust demand with the easing of pandemic woes. The demand trend in Home Textile is expected to continue, with major export demand bouncing back in FY22E. While we maintain our FY22 earnings estimate, on factoring in a) the growth opportunity with the normalization of business operations as well as b) an improving demand outlook, we increase our FY23E/FY24E earnings estimate by 11%/9%.
Trident | Longterm and Short term ViewLEvels mentioned in the chart
Currently comapny is in ASM list - RedFlag
Buy zone is 54-56
SUP 50
Tar 70
TRIDENT - LONG TERM VIEWIn recent weeks it has shown a price increase with a volume rise.
It's a good pick for long term investment.
Trade Details:
Entry at or below: 60
Stop Loss: 49
Holding Period: : 6 months or above
Happy Investment:)
Trident LTDTrident LTD
Slightly Weak
Support levels:59.90 & 58.70
Hope we see a bounce back at the above level, else the third support level would be 43.35
Like & Follow
Happy Trading :)
TRIDENT LTD - TRIDENT(NSE) | BULLISH RECTANGLETRIDENT LTD - TRIDENT(NSE) has been forming a Bullish Rectangle since the start of December 2021. A long candle cutting the top green line upwards or a bounce-back from the bottom red line can be considered as a good buying opportunity. In the second case, the top green line can be set as the target. Watch out.
VCP setupMissed buy at pivot point.
Stock is in an uptrend and drifting sideways around pivot and key moving averages.
TRIDENT BREAKOUTBUY : TRIDENT
CMP : 56.05
SL : 46
SHORT TERM TARGET : 60 - 66 - 70
TIMEFRAME : 3 MONTH
Short term Indicators
- MACD about to have a crossover
- strong RSI at 62
- Bollinger Band squeeze Breakout
- Huge volume
Can hold for LONG TERM
Fundamentally strong stock
Potential to be MULTIBAGGER
LONG TERM TARGET : 100 - 200 - 300 ++
TIMEFRAME : 1 - 2 YEARS
Trident New HighTrident is looking for a new Height. The Fibo Chart is getting support and looking for beyond 60.
Trident holders ⚠️I think trident forming triangle pattern it's now currently in lower side it's good time to acquire it for swing traders 😍
Trident will Reach 55 soon..according to my analysis trident will cross 55 in 2021..
if you want to buy trident buy below 38. I have mentioned short term target and stop loss in chart as well as other levels.
Stock was in over bought zone but now its safe to buy.
Analysis :
RSI (54) A medium buying zone..
Up trend
good market cap and volume.
good rejection
other ideas :
"Trident is placed nicely to become a Multibagger once again, Investors with patience for 12-24 Months, would be able to see the levels of 130-150."
Is Trident a multibagger?
Educational Purpose Only..
TRIDENT ..............BREAKOUT On the Daily Chart, TRIDENT LTD. has formed a bullish candle and seems to be making a Breakout.
The company has a lot of potential in terms of businesses they are in as well.
** Pls note that I am not a SEBI registered advisor. This analysis is just for educational purposes. Kindly contact your Investment advisor for investment related queries.
