varadtambolkar

Trent Ready for a new high.

Long
NSE:TRENT   TRENT LTD
Clear Ascending triangle visible.

Stock in continuous uptrend. Higher high higher low structure intact.
Pattern Preceded by such healthy uptrend increases the probability of breakout and pattern to work out.

There 2 strong hammers at the trend line. Indicating a good support on trend line.

Set up is invalid below the low of the hammers.
SL level 830. Risk 10%.

Stock is contracting since few days. ( check below image ) Expansion mode will begin soon.




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