TRIDENT - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.7

📊 TRIDENT is a fair swing trade candidate with improving earnings and stable technicals. Optimal entry is ₹28–₹29. If already held, consider exiting near ₹31–₹33.

📈 Positive

• ROCE (9.45%) and ROE (8.18%) indicate modest but improving capital efficiency.
• Quarterly PAT growth of 89.4% shows strong earnings momentum.
• Dividend yield (1.75%) adds to shareholder value.
• MACD (0.03) turning positive suggests early signs of bullish momentum.
• Trading near 50-DMA (₹28.7) offers a potential support zone for entry.

⚠️ Limitation

• PEG ratio (-1.43) indicates valuation concerns relative to growth expectations.
• Low EPS (₹0.85) and high P/E (33.8) vs industry average (21.3) suggest overvaluation.
• Volume below 1-week average may reflect weakening momentum.
• RSI (50.8) is neutral, offering limited oversold advantage.

🚫 Company Negative News

• Stock has corrected over 28% from its 52-week high of ₹40.2.
• Still trading below 200-DMA (₹29.9), indicating cautious sentiment.

✅ Company Positive News

• FII and DII holdings increased slightly, suggesting cautious institutional accumulation.
• Consistent profitability and operational stability in recent quarters.

🌐 Industry

• TRIDENT operates in the textiles and paper manufacturing sector, which is cyclical and sensitive to global demand trends.
• Industry P/E of 21.3 reflects moderate valuation expectations.

🧾 Conclusion

• TRIDENT is a moderate swing trade candidate with improving earnings but valuation concerns.
• Optimal entry: ₹28–₹29 (near 50-DMA and support).
• Exit target: ₹31–₹33 (near short-term resistance and 200-DMA).
• Watch for MACD strength and volume recovery for confirmation.

I can help you visualize TRIDENT’s RSI and MACD trends to fine-tune your entry and exit points.