TRENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | TRENT | Market Cap | 1,47,335 Cr. | Current Price | 4,145 ₹ | High / Low | 6,261 ₹ |
| Stock P/E | 74.1 | Book Value | 217 ₹ | Dividend Yield | 0.12 % | ROCE | 29.5 % |
| ROE | 29.2 % | Face Value | 1.00 ₹ | DMA 50 | 3,962 ₹ | DMA 200 | 4,388 ₹ |
| Chg in FII Hold | -0.03 % | Chg in DII Hold | 0.82 % | PAT Qtr | 455 Cr. | PAT Prev Qtr | 660 Cr. |
| RSI | 56.2 | MACD | 141 | Volume | 5,94,504 | Avg Vol 1Wk | 8,42,984 |
| Low price | 3,276 ₹ | High price | 6,261 ₹ | PEG Ratio | 1.14 | Debt to equity | 0.33 |
| 52w Index | 29.1 % | Qtr Profit Var | 30.0 % | EPS | 55.4 ₹ | Industry PE | 29.8 |
📈 Chart & Trend: TRENT is trading above its 50 DMA (3,962 ₹) but below the 200 DMA (4,388 ₹), showing strong short-term momentum with medium-term resistance. RSI at 56.2 indicates healthy bullish momentum, while MACD at 141 confirms positive crossover. Bollinger Bands are moderately wide, suggesting volatility expansion with potential continuation of the uptrend.
🔑 Momentum Signals: Current price (4,145 ₹) is holding above support at 4,100–4,120 ₹. Resistance levels are seen at 4,250 ₹ and 4,350 ₹. Volume (5.9L) is below the 1-week average (8.4L), showing reduced participation but still supportive of trend continuation.
🎯 Entry Zone: 4,100–4,120 ₹ near support.
💰 Exit Zone: 4,250 ₹ (partial profit) and 4,350 ₹ (full exit).
📊 Trend Status: Consolidating with bullish bias.
Positive
- Strong ROCE (29.5%) and ROE (29.2%) highlight profitability.
- EPS at 55.4 ₹ supports valuation strength.
- PEG ratio at 1.14 indicates balanced growth-adjusted valuation.
- Price trading above 50 DMA confirms short-term bullish structure.
- DII holdings increased (+0.82%), showing strong domestic support.
Limitation
- High P/E (74.1) vs industry PE (29.8) indicates overvaluation.
- Quarterly PAT declined (455 Cr. vs 660 Cr.).
- Volume below average, limiting breakout conviction.
- Price still below 200 DMA, capping medium-term upside.
Company Negative News
- Sequential earnings decline despite strong fundamentals.
- FII holdings reduced (-0.03%), showing weaker foreign confidence.
Company Positive News
- Strong EPS and profitability metrics support long-term outlook.
- DII inflows (+0.82%) reflect institutional confidence.
- Quarterly profit variation +30% year-on-year shows resilience.
Industry
- Industry PE at 29.8 suggests sector trading at moderate valuations compared to TRENT’s premium.
- Retail sector benefiting from consumption growth and brand strength.
Conclusion
TRENT is consolidating with bullish bias supported by MACD, RSI, and price action above 50 DMA. Entry near 4,100–4,120 ₹ is favorable with exits at 4,250–4,350 ₹. While fundamentals remain strong with high ROE/ROCE and EPS, stretched valuations and reduced volume participation limit conviction. Best suited for swing trades with cautious monitoring of resistance near 200 DMA.