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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTRENT

Trent Outlook for the Week (January 29, 2024 – February 02, 2024)

Trent
Trent
Trent closed the previous week on a negative note losing 3.77%.

Technically, Trent share price will see immediate support at 3,157.03 and immediate resistance would be seen at 3,279.53.

If Trent share price closes below immediate support of 3,157.03, then sharp breakdown can be seen. Trent share price will see major support at 3,082.27 for the week.

3300.003300.003250.003250.003200.003200.003150.003150.003100.003100.003050.003050.003000.003000.002950.002950.002900.002900.002850.002850.00Dec 14Dec 14Dec 19Dec 19Dec 22Dec 22Dec 28Dec 28Jan 2Jan 2Jan 5Jan 5Jan 10Jan 10Jan 15Jan 15Jan 18Jan 18Jan 23Jan 23Reversal Level 3149.09

On the positive side, immediate resistance will be seen at 3,279.53. Closing above 3,279.53, Trent share price will see a sharp breakout. Major resistance for Trent share price will be seen at 3,327.27 for the week.

Trading range for Trent share price for this week should be between 3,034.53 on down side and 3,402.03 on up side.

Trent Previous Week High: 3252.5

Trent Previous Week Low: 3130

Trent Previous Week Range: 122.5 Points

Trent share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 3,402.03
Resistance 2 3,327.27
Resistance 1 3,279.53
Support 1 3,157.03
Support 2 3,082.27
Support 3 3,034.53
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