TRIDENT - Swing Trade Analysis

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

Swing Trade Rating: 3.2

📊 Analysis Summary

TRIDENT shows mild technical strength and decent short-term earnings growth, but its low profitability, high valuation, and weak institutional interest make it a low-conviction swing trade. It may offer a short-term bounce, but lacks strong momentum or fundamental backing for a confident trade.

✅ Positives for Swing Trade Setup

MACD: +0.05

Slightly bullish — early signs of upward momentum.

Quarterly PAT Growth: +89.8%

Strong earnings jump — PAT rose from ₹133 Cr. to ₹140 Cr.

Volume: 97.4L

Healthy trading activity — liquidity is strong.

Trading Near DMA 50 & 200

Price is consolidating around key moving averages — potential breakout zone.

Dividend Yield: 1.61%

Decent yield for short-term holding.

⚠️ Weaknesses to Watch

RSI: 48.4

Neutral — no clear overbought or oversold signal.

ROCE: 9.52% & ROE: 8.28%

Weak profitability — below industry standards.

P/E: 36.1 vs Industry PE: 27.8

Overvalued relative to peers.

PEG Ratio: –1.52

Negative PEG suggests earnings growth may not justify valuation.

EPS: ₹0.86

Low earnings per share — limits upside potential.

FII & DII Holding Flat

No strong institutional conviction.

52W Index: 42.8%

Moderate performance — not a momentum leader.

🎯 Optimal Entry Price

Entry Zone: ₹30.0–₹30.5

Near DMA 50 support — wait for bullish confirmation or volume spike.

🚪 Exit Strategy (If Already Holding)

Exit Target: ₹33.5–₹34.5

Near recent resistance zone — good level to book profits.

Stop Loss: ₹28.5

Below recent swing low — protects against downside risk.

Would you like to explore textile or mid-cap manufacturing stocks with stronger ROE and breakout potential?

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