---đ Blog: Trent Stock Analysis – Possibility to Reach ₹5200
--- đ Blog: Trent Stock Analysis – Possibility to Reach ₹5200 đ English Version Introduction In the stock market, price movements can often seem unpredictable. However, certain levels act as support and resistance, giving traders clues about potential movements. Currently, Trent Ltd. is under observation. If the price stays above ₹4850, there is a possibility it may rise towards ₹5200. As a trader, not an expert, I want to share my view while keeping in mind the inherent risks. This blog explains the factors, possible scenarios, and the philosophy behind observing key levels for trading. --- Understanding Support and Resistance Support Level: ₹4850 Support is the price level where buying interest is strong enough to prevent the price from falling further. For Trent, ₹4850 has shown a historical pattern of holding back decline. Resistance Level: ₹5200 Resistance is where selling pressure tends to emerge. If the stock crosses this level, it indicates strong bullish sentimen...