⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
TRENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | TRENT | Market Cap | 1,29,294 Cr. | Current Price | 3,639 ₹ | High / Low | 6,261 ₹ |
| Stock P/E | 68.6 | Book Value | 186 ₹ | Dividend Yield | 0.14 % | ROCE | 28.6 % |
| ROE | 27.2 % | Face Value | 1.00 ₹ | DMA 50 | 3,921 ₹ | DMA 200 | 4,536 ₹ |
| Chg in FII Hold | -1.19 % | Chg in DII Hold | 1.53 % | PAT Qtr | 660 Cr. | PAT Prev Qtr | 451 Cr. |
| RSI | 38.5 | MACD | -117 | Volume | 6,99,252 | Avg Vol 1Wk | 10,41,787 |
| Low price | 3,428 ₹ | High price | 6,261 ₹ | PEG Ratio | 0.88 | Debt to equity | 0.35 |
| 52w Index | 7.45 % | Qtr Profit Var | 40.6 % | EPS | 52.4 ₹ | Industry PE | 26.7 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (₹3,921) and 200 DMA (₹4,536), showing weakness. Support at ₹3,428, resistance around ₹3,921–₹4,000.
- Moving Averages: Current price (₹3,639) is below both averages, confirming bearish bias.
- RSI: 38.5 — oversold zone, suggesting potential short-term bounce.
- MACD: -117 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, indicating oversold conditions.
- Volume Trends: Current volume (6.99L) below 1-week average (10.4L), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, but oversold RSI hints at possible rebound.
- Entry Zone: ₹3,450–₹3,650 (near support).
- Exit Zone: ₹3,921–₹4,000 (first resistance), ₹4,200 (next resistance).
- Trend Status: Downtrend with consolidation attempts; reversal only above ₹3,921.
✅ Positive
- Strong ROE at 27.2% and ROCE at 28.6% show excellent efficiency.
- Quarterly PAT improved (₹660 Cr vs ₹451 Cr), showing earnings growth.
- PEG ratio at 0.88 suggests reasonable valuation relative to growth.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, bearish technical setup.
- High P/E ratio (68.6) compared to industry PE (26.7), indicating premium valuation.
- Dividend yield at 0.14% is very modest.
📰 Company Negative News
- Stock corrected sharply from 52-week high of ₹6,261 to current ₹3,639.
- FII holdings decreased by -1.19%, showing reduced foreign investor confidence.
🌟 Company Positive News
- Quarterly profit variation at 40.6% shows strong operational performance.
- DII holdings increased by 1.53%, reflecting domestic investor confidence.
- EPS at ₹52.4 reflects profitability despite recent correction.
🏭 Industry
- Industry PE at 26.7, much lower than company PE (68.6), indicating TRENT trades at a significant premium.
- Retail sector remains resilient with strong consumer demand and expansion opportunities.
🔎 Conclusion
- TRENT is in a downtrend but oversold RSI suggests short-term bounce potential.
- Short-term traders may consider entry near ₹3,450–₹3,650 with exit around ₹3,921–₹4,000.
- Breakout above ₹3,921 could trigger reversal towards ₹4,200.
- Long-term investors should weigh premium valuation against strong fundamentals and sector growth potential.