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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 2024-03-15 View latest technical analysis

10 day averaged volume of Trident is 10900394

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	37.75	38.30	39.10	37.05	1.126 times
14 Thu Mar 2024	38.20	35.60	38.50	34.90	1.62 times
13 Wed Mar 2024	35.55	38.20	38.85	35.00	2.195 times
12 Tue Mar 2024	38.20	39.20	39.50	38.00	1.006 times
11 Mon Mar 2024	39.10	40.80	40.80	38.95	0.998 times
07 Thu Mar 2024	40.55	40.10	41.10	40.10	0.709 times
06 Wed Mar 2024	40.10	41.00	41.50	39.30	1.316 times
05 Tue Mar 2024	41.00	41.85	42.00	40.90	0.781 times
04 Mon Mar 2024	41.80	42.65	42.70	41.65	0.68 times
02 Sat Mar 2024	42.50	42.20	42.60	42.20	0.092 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.9, but if it comes above 38.9, then a intra day buy could be more profitable.
If you take a sell trade below 38.9, then use 38.9 as stoploss and 35.9 as target. However if you take a buy trade in stock , then use 38.9 as stoploss and 41.49 as target.

Share price targets for Trident (TRIDENT)

Target Type	Value
Downside Target	34.35
Downside Target	36.05
Upside Target	38.35
Upside Target	39.30
Upside Target	40.80
Upside Target	42.70
Upside Target	42.75
Upside Target	42.85
Upside Target	45.05
Upside Target	45.70
Upside Target	46.25
Upside Target	49.15
Upside Target	52.90

Intraday share price targets for Trident (TRIDENT)

Target Type	Value
Downside Intraday Target	34.83
Downside Intraday Target	31.92
Upside Intraday Target	40.73
Upside Intraday Target	43.72
Upside Intraday Target	37.82

Weekly technical analysis of Trident (TRIDENT)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	37.75	40.80	40.80	34.90	1.992 times
07 Thu Mar 2024	40.55	42.65	42.70	39.30	0.794 times
02 Sat Mar 2024	42.50	44.15	45.05	41.10	0.946 times
23 Fri Feb 2024	43.90	45.50	45.70	42.85	0.491 times
16 Fri Feb 2024	45.15	44.45	46.25	40.80	0.692 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Trident (TRIDENT)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	37.75	42.50	42.75	34.90	0.304 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
29 Fri Dec 2023	36.30	36.50	38.35	34.85	1.062 times

Scroll below to view daily charts

Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Trident ( (TRIDENT) ) based on a short to mid 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.

Price action analysis of Trident ( (TRIDENT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Trident in short term and the sell signal is strong.

Trident Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Trident in short term but BUY 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 38.56 and Trident (TRIDENT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Trident Stock has given negative 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.