Trident Ltd (NSE: TRIDENT) Momentum recovery – watchlist

Trident Ltd (NSE: TRIDENT) Momentum recovery – watchlist ₹22.21 +4.91% 3 November 2026, delayed market quote Trident is showing a positive momentum recovery, with strong buying interest in today's session. However, it is still below its major moving averages, so this is not yet a confirmed positional breakout. NDTV Profit+1 Technical trading setup Parameter Level Immediate resistance ₹24.65 Breakout confirmation Above ₹24.65 Next resistance zone ₹25.50–26.00 Support ₹22.60 Major support ₹21.50 Risk control Below ₹22.00 Important trigger: Today's volume is around 2.97 crore shares versus average volume of approximately 34 lakh. This is a significant volume expansion. NDTV Profit Positive triggers - Trident announced a capacity expansion and modernisation project on 2 November 2026. - Q2 results headline reports a 93% jump in profit, with significant margin expansion. NDTV Profit My view: Trident is showing a promising short-term momentum reversal. A sustained close above ₹24.65 could strengthen the breakout case. Avoid chasing the price after a sharp rally