Trent (NSE) – Technical Analysis (Simple Explanation)

• Trend: Downtrend but near support.
  
• Support Zone: ₹4,955 – ₹5,090 (price bounced from here).
  
• Resistance Levels: ₹5,317 (immediate), ₹6,000 (major).
  
• Breakout Potential:
  
• If price stays above ₹5,317, it may rise towards ₹6,000 (+17.43%).
  
• If it breaks below ₹4,955, further downside is possible.
  
• Conclusion: Watch for price action near ₹5,317. A strong breakout can trigger a bigger rally.