trident share price target 2025, trident share price target 2030, trident share price target, trident share price today, trident limited share price, trident share, trident share price target 2025
Breakout today
Risk and reward-1 is to 5
good volume at the bottom
Trident Ltd's stock (TRIDENT) has seen a remarkable boost, jumping up to 14.9% to reach 47 rupees – the highest level since June 3, 2022. In the last six sessions, the company has gained 14.1%, and if the current trend holds, it's on track for the best one-day rise in over three years.
Trading has been quite active, with about 20.8 million shares changing hands in 29 block deals within the 42-46.4 rupees/share range. This represents a premium of 2.6% to 13.4% compared to the stock's last close.
The surge in trading volume is particularly notable, standing at 17.7 times the 30-day daily average – the highest in nearly 7.5 years. For the first time in three years, the volume has exceeded 270 million shares.
Looking back, Trident's stock experienced a challenging 2022, with a significant 35.8% loss. However, in 2023, it managed to recover slightly with a 6% rise.
In essence, Trident Ltd is currently enjoying a positive streak, with both its stock price and trading activity reflecting strong investor interest and confidence in the company's performance.
Post a Comment