TRENT

Technical Analysis

The daily chart of

Ltd shows a strong uptrend within a rising wedge pattern, marked by higher highs and higher lows since April 2025. The recent breakout attempt with a strong bullish candle and significant volume (10.42M) near the upper trendline suggests buying interest and potential for upward momentum. However, since rising wedges can also be bearish reversal patterns, sustained price action above ₹6,000 with follow-through volume is essential for confirmation. Support lies near ₹5,500, while a breakout above ₹6,200 could open the door to further gains.