Trent Ltd โ Rounding Bottom Breakout ConfirmedTrent LimitedNSE:TRENTsatyam15๐ Trent Ltd โ Rounding Bottom Breakout Confirmed ๐ CMP: โน3,003 ๐ Stop Loss: โน2,600 ๐ฏ Targets: โน3,233 | โน3,686 Trent has formed a rounding bottom pattern, indicating a potential long-term trend reversal. After completing the base formation, the stock entered a box consolidation phase, which helped absorb supply and build a stronger foundation. A decisive breakout from this consolidation zone, supported by healthy volumes, suggests renewed buying interest and strengthens the bullish outlook. The combination of a rounding bottom followed by consolidation often acts as a powerful continuation setup. ๐ Trading Strategy: Consider controlled position sizing to manage risk effectively. Maintain a strict stop loss at โน2,600. Partial profit booking can be considered near โน3,233, while a sustained move above this level may open the path towards โน3,686. Monitor volume expansion and price action for confirmation of breakout strength. โ ๏ธ This is a technical setup-based view and not investment advice. Always manage risk according to your trading plan. โ ๏ธ Clarification: This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation. ๐ Important: I am not responsible for any loss or profit incurred. I am not taking any fees for these viewsโjust sharing my analysis for educational and informational purposes. ๐ Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.