TRIDENT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | TRIDENT | Market Cap | 12,562 Cr. | Current Price | 24.6 ₹ | High / Low | 33.7 ₹ |
| Stock P/E | 33.4 | Book Value | 9.34 ₹ | Dividend Yield | 2.03 % | ROCE | 9.89 % |
| ROE | 8.03 % | Face Value | 1.00 ₹ | DMA 50 | 25.2 ₹ | DMA 200 | 26.8 ₹ |
| Chg in FII Hold | -0.09 % | Chg in DII Hold | 0.03 % | PAT Qtr | 102 Cr. | PAT Prev Qtr | 42.3 Cr. |
| RSI | 45.1 | MACD | -0.27 | Volume | 43,26,563 | Avg Vol 1Wk | 50,27,276 |
| Low price | 22.0 ₹ | High price | 33.7 ₹ | PEG Ratio | -8.95 | Debt to equity | 0.38 |
| 52w Index | 22.7 % | Qtr Profit Var | -22.6 % | EPS | 0.74 ₹ | Industry PE | 26.4 |
📊 Current Price: 24.6 ₹
🛒 Optimal Buy Price: 24 – 25 ₹ (near 50 DMA support)
🎯 Profit Exit Levels: 25.8 ₹ / 26.5 ₹
🛑 Stop-Loss: 23.8 ₹
⏳ If already holding: Exit near 25.8–26.5 ₹ if RSI weakens below 44 or MACD remains negative; tighten stop-loss if price slips under 24 ₹ with declining volume.
Positive
✔️ PAT improved sequentially (102 Cr. vs 42.3 Cr.), showing operational recovery.
✔️ ROCE at 9.89% and ROE at 8.03% provide modest efficiency.
✔️ Price near 50 DMA (25.2 ₹), offering technical support.
✔️ Dividend yield at 2.03% adds investor value.
✔️ EPS positive at 0.74 ₹.
✔️ DII holdings increased slightly (+0.03%).
Limitation
⚠️ RSI at 45.1 indicates weak momentum.
⚠️ MACD negative (-0.27), signaling bearish bias.
⚠️ P/E at 33.4 vs industry PE of 26.4 highlights valuation premium.
⚠️ PEG ratio negative (-8.95), showing poor growth valuation.
⚠️ Volume (43.2 Lakh) below weekly average (50.2 Lakh), limiting intraday liquidity.
⚠️ Price below 200 DMA (26.8 ₹), creating medium-term resistance.
Company Negative News
❌ Quarterly profit variation (-22.6%) highlights earnings volatility.
❌ FII holdings reduced (-0.09%), showing weaker foreign investor confidence.
❌ Weak RSI and MACD limit intraday momentum.
Company Positive News
✅ Sequential PAT improvement shows operational recovery.
✅ Dividend yield at 2.03% adds shareholder value.
✅ EPS remains positive.
✅ Price supported by 50 DMA, offering near-term cushion.
Industry
🏭 Industry PE at 26.4 vs TRIDENT’s 33.4, showing valuation premium.
🧵 Textile sector outlook remains cyclical, with demand tied to exports and domestic consumption.
Conclusion
⚖️ TRIDENT shows moderate intraday potential with sequential profit recovery and dividend support.
📉 Weak RSI, negative MACD, and valuation premium limit upside momentum.
🎯 Suitable for cautious intraday trades targeting 25.8–26.5 ₹, with strict stop-loss at 23.8 ₹.
Would you like me to extend this into a textile sector overlay with peer benchmarking (e.g., Welspun, Indo Count, Himatsingka) to compare TRIDENT’s intraday strength against its industry peers?