TRIDENT - Swing Trade Analysis with AI Signals

Last Updated Time : 20 Dec 25, 07:02 am

Swing Trade Rating: 2.9

📊 TRIDENT is currently trading at ₹27.0, below both its 50 DMA (₹28.1) and 200 DMA (₹29.4), reflecting weak technical momentum. RSI at 31.9 suggests the stock is near oversold territory, which could allow a short-term rebound. However, MACD at -0.35 indicates bearish sentiment. The optimal entry price would be near ₹25–₹26, closer to support levels. If already holding, consider exiting around ₹30–₹32, where resistance is expected.

✅ Positive

• 📈 Dividend yield of 1.88%, providing shareholder return
• 📊 EPS at ₹0.87, maintaining profitability despite weak margins
• 📈 Slight increase in FII (+0.07%) and DII (+0.03%) holdings, showing marginal institutional support
• 📊 Strong trading volume (37,42,748) compared to weekly average (29,67,644), indicating active participation

⚠️ Limitation

• 📉 Current price below both 50 DMA and 200 DMA, confirming bearish trend
• 📊 High P/E ratio (31.2) compared to industry average (19.1), suggesting overvaluation
• 📉 PEG ratio at -1.32, indicating poor growth prospects relative to valuation
• 📉 Low ROCE (9.45%) and ROE (8.18%), reflecting weak efficiency
• 📉 52-week index at 31.1%, showing poor performance compared to peers

🚨 Company Negative News

• 📉 PAT declined from ₹139 Cr. to ₹92.4 Cr.
• 📉 Weak profitability trend despite revenue base

🌟 Company Positive News

• 📈 EPS at ₹0.87, maintaining profitability despite earnings slowdown
• 📊 Quarterly profit variation at +10.7%, showing some improvement in earnings momentum

🏭 Industry

• 📊 Industry P/E at 19.1 is lower, suggesting peers may be more attractively priced
• 🌐 Textile sector remains cyclical, with demand fluctuations impacting valuations

📌 Conclusion

TRIDENT is a weak swing trade candidate due to poor technicals and declining profitability. While oversold RSI levels may trigger a short-term bounce, risks outweigh rewards. Entry is best near ₹25–₹26, while exit should be considered around ₹30–₹32. Traders should remain cautious and monitor quarterly results closely before committing.

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