TRIDENT - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 3.9

🧵 TRIDENT Swing Trade Analysis

TRIDENT shows a moderately strong swing trade setup, supported by improving earnings and technical positioning, though valuation and efficiency metrics suggest some caution.

✅ Strengths

Earnings Momentum: PAT rose from ₹132 Cr. to ₹139 Cr. — a healthy 89.4% quarterly profit variation.

MACD: 0.18 — positive crossover, indicating bullish momentum.

RSI: 63.0 — approaching overbought, but still in a breakout-friendly zone.

Price Near Key Averages: Current price ₹29.9 is just above 50 DMA (₹29.2) and slightly below 200 DMA (₹30.4), suggesting a potential breakout.

Dividend Yield: 1.67% — decent for short-term holders.

Debt-to-Equity: 0.35 — manageable leverage.

⚠️ Weaknesses

Low ROCE (9.45%) and ROE (8.18%) — weak capital efficiency.

High P/E (35.2) vs Industry PE (22.8) — relatively expensive.

Negative PEG Ratio (-1.49) — earnings growth may not justify valuation.

Volume Drop: Current volume is ~37% below 1-week average, suggesting fading interest.

FII Sentiment Slightly Negative: Minor reduction in foreign institutional holdings.

🎯 Trade Strategy

Optimal Entry Price: ₹28.5–₹29.2

Enter near 50 DMA for a low-risk setup with technical support.

Exit Plan (If Holding)

Target Exit: ₹32.5–₹34.0

Realistic swing target before resistance zone.

Stop Loss: ₹27.5

Below recent support and 50 DMA to manage downside risk.

TRIDENT is a fair swing candidate for traders who can manage short-term volatility and monitor volume recovery. Let me know if you'd like to track this setup or compare it with other textile or mid-cap stocks.

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