TRENT LTD

TRENT

486
Hello & welcome to this study on daily time frame

As per Ichimoku it is seeing a rejection near a cloud with future kumo still bearish. It could now do a pullback till 1250 (with interim support near 1290) as long as it remains below 1340.

From the daily base line support (expected retracement level from here) a fresh rally could take place for 1450 (provided 1250 holds)

Immediate short term bearish

Medium term bullish

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