Looks good on the chart now @ 38. My targets are 57/ATH/110 Caution - Slow mover.
trident intial trendline resistance 42, target as per fibo ext min 52, second trg 64 and 3rd target 75. will gain momentum soon buy on every dip .
Trident is showing a possible upmove to come. Nice consolidating candles with a volume expansion. Inside weekly candle breakout on 30th October and 26 January showing that stock is confirming its base multiple times before the possible move to come. CMP-40.90/- I will add on dips.
Trident gives a very good break out and we can see level like 57 and 60 in few weeks. this stock to watch for next few weeks this is not a recommendation this is just my views
Trident Chart Analysis 07/01/2024 Long : 40 Sl : 36 Target : 44 / 48 / 52 Enjoy !
Trident this is textile stock. Strong trendline breakout of 1 week chart patern. I am so expecting for big movement for long term target also 57, 70++ for around 1 year 🤔 Note :- this is education purpose, a im not sebi registered.
It is very nice time to have an analysis on trident I think it is ready for a very long up trend now it may take one week to show the clear potential
NSE:TRIDENT Long term opportunity of approx 25 to 50% up move in price unless the stock changes to downtrend. Have reversed after downtrend and forming support level. Target price: (Rs.50 - 60) Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.
DISCLAIMER it's just my technical view. I'M NOT A SEBI REGISTERED ANALYST. Before taking trade or Invest consult your financial advisor. ✅Here we provide TECHNICAL Levels and Charts.💯 ✅This channel is for educational and self analysis purposes only!
Base formation at bottom. Trendline brekout has already happen. Wait retest. Can be good chance enter near 34 to 35
Trident on the one-day time frame It has retraced .65% and changed the trend. If it was 2nd impulse wave, it is ready for the most crucial 3rd wave of impulse as per Elliott Wave Analysis, which can take the price up to 133 levels in the near future.
TRIDENT - have broken the resistance with good volumes in the past two days. Wait to retest to happen and enter the trade.
Reason for long a) monthly breakout b) volume and price spurt SL compulsory
Buy Entry @ 38 Target @ 47 Stop Loss @ 33 Risk Reward 1:3 Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best of luck.. Shakthi
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Why Trident ? • daily Retracement Successfully done. • Last swing broken • Further breakout retracement done • Candle breaks 20 EMA and closes above that • Resistance trendline broken I'm bullish on trident. Let's see what happens! Follow me for more future updates on trident and other stocks!
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