On the daily timeframe, Trent has confirmed a breakout from an Inverse Head and Shoulders pattern with a strong bullish candle, signaling a potential trend reversal and continuation of upward momentum.
The neckline breakout zone around ₹2,950 now becomes a crucial support level. As long as the stock sustains above this area, the bullish structure remains intact.
Based on the measured move of the pattern, the stock has the potential to advance toward the ₹3,600 level in the near term, making it an important upside targets.
