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MARKET OUTLOOKSTOCK OUTLOOKTRENT

Trent Outlook for the Week (August 07, 2023 – August 11, 2023)

Trent closed the previous week on a negative note losing 5.31%.

Technically, Trent share price will see immediate support at 1,659.57 and immediate resistance would be seen at 1,753.17.

If Trent share price closes below immediate support of 1,659.57, then sharp breakdown can be seen. Trent share price will see major support at 1,618.18 for the week.

On the positive side, immediate resistance will be seen at 1,753.17. Closing above 1,753.17, Trent share price will see a sharp breakout. Major resistance for Trent share price will be seen at 1,805.38 for the week.

Trading range for Trent share price for this week should be between 1,565.97 on down side and 1,846.77 on up side.

Trent Previous Week High: 1764

Trent Previous Week Low: 1670.4

Trent Previous Week Range: 93.6 Points

Trent share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 1,846.77
Resistance 2 1,805.38
Resistance 1 1,753.17
Support 1 1,659.57
Support 2 1,618.18
Support 3 1,565.97

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