TRIDENT - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:04 am

IntraDay Trade Rating: 3.0

📊 Analysis: TRIDENT is trading at ₹27.0, below both 50 DMA (₹28.1) and 200 DMA (₹29.4), showing bearish bias. RSI at 31.9 indicates oversold conditions, while MACD at -0.35 confirms weak momentum. Current volume (37.4L) is higher than average (29.6L), suggesting active participation. Fundamentals are modest with ROCE 9.45% and ROE 8.18%, but quarterly PAT decline from ₹139 Cr. to ₹92.4 Cr. weakens sentiment.

💹 Optimal Buy Price: ₹26.8–₹27.2 (speculative entry near current levels).

🎯 Profit-Taking Exit Levels: ₹28.0 (short target), ₹29.0 (extended target if rebound sustains).

🛡️ Stop-Loss / Loss Protection: ₹26.5 (below intraday support).

⏱️ If Already Holding: Exit near ₹28.0–₹29.0 if rebound occurs. If RSI fails to recover above 35 or MACD stays negative, consider early exit. A break below ₹26.5 should trigger stop-loss.

Positive

• 📈 Dividend Yield 1.88% provides shareholder return.
• 💰 FII holding increased (+0.07%), showing slight foreign investor interest.
• 📊 DII holding increased (+0.03%), reflecting domestic support.
• 🔥 Volume above average supports intraday liquidity.

Limitation

• ⚠️ Current price below DMA 50 & 200 shows weak trend.
• 📉 Quarterly PAT decline from ₹139 Cr. to ₹92.4 Cr. weakens earnings outlook.
• 📊 Low ROCE 9.45% and ROE 8.18% reflect modest efficiency.
• 💡 PEG Ratio -1.32 signals poor growth vs valuation.

Company Negative News

• 📉 PAT dropped sequentially, showing earnings pressure.

Company Positive News

• 📈 Minor increase in FII/DII holdings reflects cautious institutional support.

Industry

• 🌐 Textile sector trades at PE 19.1, lower than TRIDENT’s valuation (31.2).
• 📊 Sector outlook stable, but TRIDENT trades at premium requiring momentum confirmation.

Conclusion

⚖️ TRIDENT is a weak-to-moderate intraday candidate. Oversold RSI may trigger rebound trades, but bearish technicals and modest fundamentals suggest caution. Suitable only for speculative scalps with strict stop-loss discipline rather than aggressive intraday positions.

Would you like me to extend this into a textile sector basket overlay with peers like Welspun, Himatsingka, and Indo Count to benchmark TRIDENT’s intraday setup across the industry?