Trent Ltd – Strong Breakout Above Consolidation Zone
TRENT
The stock has witnessed a strong breakout from a prolonged consolidation pattern, supported by rising volume and bullish momentum.
🔎 Technical Setup:
• Bullish breakout from consolidation range
• Strong volume confirmation on breakout
• Price trading above key moving averages
• Higher High–Higher Low structure intact
• Momentum indicators remain firmly bullish
🔑 Key Levels:
• Support: ₹3,095 – ₹3,033
• Major Support: ₹2,970 – ₹2,908
• Resistance: ₹3,248 – ₹3,313
🚀 Upside Targets:
• ₹3,414
• ₹3,544
• ₹3,670+
⚠️ Risk:
A close below ₹3,033 may weaken the current bullish setup.
📈 View:
As long as the stock holds above ₹3,095, the trend remains positive with potential for higher targets.
For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊