TRENT - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 3.8

TRENT Ltd shows a mixed intraday setup with signs of oversold conditions and a potential technical rebound, but still under pressure from bearish momentum and valuation concerns. Here's the full breakdown

🔍 Technical & Momentum Indicators

Indicator Value Signal

RSI 28.1 Oversold — potential for bounce

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MACD -174 Strong bearish momentum

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Volume 20.3 lakh vs avg 8.1 lakh High volume — active participation

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Price vs DMA Below 50 DMA (₹5,499) & 200 DMA (₹5,608) Bearish trend

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ADX 21.4 Weak trend strength — possible reversal

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SAR Bullish reversal signal Suggests bounce potential

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📈 Intraday Trade Setup

✅ If Considering Entry

Optimal Buy Zone: ₹5,005–₹5,034 (near pivot and support levels

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)

Profit Targets

Conservative: ₹5,082

Aggressive: ₹5,120–₹5,153 (based on weekly resistance projections

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)

Stop Loss: ₹4,996 (below key support and pivot zone

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)

🕒 If Already Holding

Exit on Strength: ₹5,082–₹5,120 zone — aligns with resistance and volume spikes

Exit on Weakness: If price dips below ₹4,996 with rising volume or MACD worsens

Watch for: Price action near ₹5,034 pivot — strong support zone

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🧠 Final Verdict

TRENT is a moderate intraday candidate, supported by

Oversold RSI and SAR reversal signal

High volume and institutional interest (DII up, FII down)

Strong fundamentals (ROCE 30.7%, ROE 30.1%) but very high P/E (124)

Best suited for technical bounce trades, not aggressive momentum plays. If bullish sentiment builds above ₹5,034, upside targets may extend toward ₹5,153.

You can explore deeper technical levels on Moneycontrol’s TRENT Technicals

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or TradingView’s TRENT Overview

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.

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www.moneycontrol.com

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justticks.in

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bing.com

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dailybulls.in

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