Analysts flag Trent hold near Rs 2,900 consolidation before going long
On NDTV Profit's Ask Profit, analysts advise holding Trent (Westside/Zudio parent) shares if consolidation around Rs 2,900 holds, then adding long positions. CMP stands at Rs 2,927.80. Calls also span SBI, Infosys, Hindalco, Samvardhana Motherson and Waaree Energies.
What happened
Analysts on NDTV Profit's Ask Profit recommend holding Trent shares if consolidation around Rs 2,900 holds, then going long. Ratings also cover SBI, Infosys,
Key facts
- Trent CMP Rs 2,927.80
- SBI CMP Rs 1,038.10
- Infosys CMP Rs 1,071.80
- Trent consolidation Rs 2,900
Why this matters
Trent's fast-fashion Zudio expansion continues to anchor the equity story, making format rollout pace and new-market entries the strategic variables to watch beyond the technical setup.
What to watch
- Daily close above or below Rs 2,900
- Quarterly revenue and same-store-sales growth figures
- Zudio/Westside store expansion updates
- Broader Nifty/consumption index momentum
- Institutional/FII flow into midcap-large retail names
- Retail traders wait for confirmation of Rs 2,900 hold before adding positions
- Set staggered stop-losses just below the consolidation zone
- Monitor Trent's next SSSG and Zudio store-count disclosures for directional cue
- Track sector peers (D-Mart, ABFRL) for consumption-demand read-through