TRENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | TRENT | Market Cap | 1,52,721 Cr. | Current Price | 4,296 ₹ | High / Low | 6,261 ₹ |
| Stock P/E | 76.8 | Book Value | 217 ₹ | Dividend Yield | 0.14 % | ROCE | 29.5 % |
| ROE | 29.2 % | Face Value | 1.00 ₹ | DMA 50 | 4,048 ₹ | DMA 200 | 4,356 ₹ |
| Chg in FII Hold | -0.03 % | Chg in DII Hold | 0.82 % | PAT Qtr | 455 Cr. | PAT Prev Qtr | 660 Cr. |
| RSI | 60.9 | MACD | 41.2 | Volume | 11,27,096 | Avg Vol 1Wk | 8,38,780 |
| Low price | 3,276 ₹ | High price | 6,261 ₹ | PEG Ratio | 1.19 | Debt to equity | 0.33 |
| 52w Index | 34.2 % | Qtr Profit Var | 30.0 % | EPS | 55.4 ₹ | Industry PE | 44.9 |
📊 Chart Analysis: TRENT trades at ₹4,296, above its 50 DMA (₹4,048) but slightly below the 200 DMA (₹4,356), showing short-term strength but medium-term caution. RSI at 60.9 indicates mildly overbought conditions. MACD at 41.2 is positive, confirming bullish crossover. Bollinger Bands place the price near the upper band, suggesting strong upward momentum with risk of pullback. Current volume (11.3L) is higher than the 1-week average (8.4L), reflecting strong participation.
📈 Momentum Signals: Short-term momentum is bullish. Sustained trade above ₹4,350 could trigger further upside, while support lies near ₹4,200.
💡 Entry Zone: ₹4,200–₹4,300 (support near 50 DMA).
🚪 Exit Zone: ₹4,400–₹4,500 (resistance near 200 DMA and trendline).
🔎 Trend Status: The stock is consolidating upward with bullish bias, supported by volume and MACD strength.
Positive
- 📌 EPS of ₹55.4 with strong profitability.
- 📌 ROCE of 29.5% and ROE of 29.2% show excellent efficiency.
- 📌 PEG ratio of 1.19 suggests fair valuation relative to growth.
- 📌 DII holding increased (+0.82%), showing strong domestic institutional support.
Limitation
- ⚠️ Price below 200 DMA indicates medium-term caution.
- ⚠️ High P/E of 76.8 compared to industry PE (44.9), suggesting overvaluation.
- ⚠️ Debt-to-equity ratio of 0.33 adds moderate financial risk.
Company Negative News
- ❌ PAT declined from ₹660 Cr. to ₹455 Cr., showing profit pressure.
- ❌ FII holding decreased (-0.03%), reflecting reduced foreign investor confidence.
Company Positive News
- ✅ Strong quarterly profit growth trend (+30% variation YoY).
- ✅ Robust trading volumes indicate strong investor interest.
Industry
- 🌐 Retail sector remains in growth phase with strong consumer demand.
- 🌐 Industry PE at 44.9 is lower than TRENT’s PE, suggesting premium valuation for the company.
Conclusion
📌 TRENT is consolidating upward with bullish signals supported by MACD, RSI, and strong volumes. Traders may consider entries near ₹4,200–₹4,300 and exits around ₹4,400–₹4,500. While fundamentals are strong with high efficiency and institutional support, premium valuation and profit decline warrant cautious optimism for medium-term investors.
For deeper clarity, we could refine support and resistance mapping, expand on volume analysis to confirm sustainability, or dive into RSI and MACD signals for short-term trading cues.