TRENT - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.5

Here’s a detailed technical analysis of Trent Ltd (TRENT)

📊 Trend Overview

Current Trend: TRENT is in a downtrend, with signs of short-term consolidation near support.

Price Action: Trading at ₹5,144, below both the 50-DMA (₹5,350) and 200-DMA (₹5,521), indicating sustained bearish pressure.

📈 Momentum Indicators

RSI (39.7): In the lower neutral zone, approaching oversold territory. Suggests weak buying strength and potential for a technical bounce.

MACD (-62.6): Deeply negative, confirming bearish momentum and lack of reversal signals.

Volume: Current volume (8.39 lakh) is slightly above the 1-week average (8.04 lakh), indicating steady interest but no surge in buying.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 5,350 Resistance

200-DMA 5,521 Resistance

Current Price 5,144 Below both DMAs

📌 Bollinger Bands

Price is near the lower band, suggesting oversold conditions and potential for a short-term bounce.

A move above ₹5,200 with volume could indicate a reversal attempt.

🧭 Support & Resistance Zones

Immediate Support: ₹5,100–₹5,120 zone

Major Support: ₹4,900, then ₹4,488 (52-week low)

Immediate Resistance: ₹5,350 (50-DMA), then ₹5,500

Major Resistance: ₹5,800–₹6,000, then ₹8,346 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹5,100–₹5,150 (on confirmation of support and MACD flattening)

Exit Zone: ₹5,500–₹5,800 (first resistance), ₹6,000+ if momentum builds

🔍 Conclusion

TRENT is consolidating near support after a steep decline from its highs.

RSI and MACD show weak momentum, and price is below key moving averages.

A breakout above ₹5,200 with volume and MACD crossover could signal short-term reversal.

Until then, the stock remains in a neutral-to-bearish phase.

Let me know if you’d like a visual chart or comparison with other retail sector stocks like Aditya Birla Fashion or V-Mart!

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