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(TRIDENT) Trident complete technical analysis [charts+indicators] | Buy/Sell Trident | (TRIDENT) share price targets

Complete technical analysis of Trident (TRIDENT) by charts plus indicators, forecast predictions and share price targets for Trident (TRIDENT)

Trident trades in NSE in Textiles sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Trident is 18853351

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	40.20	41.00	41.00	39.85	0.453 times
08 Mon Apr 2024	40.80	41.45	42.05	40.55	0.61 times
05 Fri Apr 2024	41.10	40.80	41.25	40.15	0.692 times
04 Thu Apr 2024	40.80	41.70	41.75	40.20	0.931 times
03 Wed Apr 2024	41.15	39.65	41.90	39.45	1.551 times
02 Tue Apr 2024	39.65	39.20	39.85	38.45	0.794 times
01 Mon Apr 2024	39.15	37.20	39.40	37.10	0.779 times
28 Thu Mar 2024	36.55	37.10	38.10	36.40	0.806 times
27 Wed Mar 2024	36.85	37.70	37.90	36.70	0.94 times
26 Tue Mar 2024	37.40	38.60	38.60	37.25	0.696 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.1, but if it comes below 40.1, then a intra day sell could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 38.44 as target. However if you take a buy trade in stock , then use 40.1 as stoploss and 42.2 as target.

Share price targets for Trident (TRIDENT)

Target Type	Value
Downside Target	34.85
Downside Target	36.00
Downside Target	38.35
Downside Target	39.80
Upside Target	40.80
Upside Target	41.90
Upside Target	42.05
Upside Target	42.75
Upside Target	49.15
Upside Target	52.90

Intraday share price targets for Trident (TRIDENT)

Target Type	Value
Downside Intraday Target	39.35
Downside Intraday Target	38.5
Upside Intraday Target	41.55
Upside Intraday Target	42.9
Upside Intraday Target	40.7

Weekly technical analysis of Trident (TRIDENT)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	40.20	41.45	42.05	39.85	0.224 times
05 Fri Apr 2024	41.10	37.20	41.90	37.10	1.944 times
28 Thu Mar 2024	36.55	38.60	38.60	36.40	0.621 times
22 Fri Mar 2024	38.65	37.75	39.80	36.00	0.979 times
15 Fri Mar 2024	37.75	40.80	40.80	34.90	1.992 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Trident (TRIDENT)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	40.20	37.20	42.05	37.10	0.454 times
28 Thu Mar 2024	36.55	42.50	42.75	34.90	0.606 times
29 Thu Feb 2024	42.30	47.90	49.15	40.80	0.243 times
31 Wed Jan 2024	47.60	36.70	52.90	36.05	7.567 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Trident (TRIDENT)

Price action analysis of Trident ( (TRIDENT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Trident ( (TRIDENT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Trident ( (TRIDENT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Trident ( (TRIDENT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Trident stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Trident in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Trident Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Trident in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Trident is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.44 and Trident (TRIDENT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Trident (TRIDENT) stock. Volume based technical analysis of Trident (TRIDENT) stock is negative.

Trident Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.