Trent in parallel channel. I think it can go till 5080 then can reverse till 4700.
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5047 high and reversed.
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Exact reversal 5100....see todays candle.
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Now if it crosses 5100 with good volume on closing basis then another 600 point rally can be seen otherwise 600 point downward journey will start.
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Reversal started. Position can be taken for 4700.
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Seems like with tata group re-rating this may not stop before 6500 now.
Trade geschlossen: Ziel wurde erreicht:
5400.
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This is a retest, if it crosses 5450 then 6000 can be seen before year end.
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Almost crossing 5450 ...short covering may come tomorrow if it happens.