TRENT @ 7690 WAVE UPDATE
It seems at recent ATH 8340 stock has completed wave 1st of 3rd and now it has started the pullback move in wave 2nd of 3rd.
Weekly RSI showing NEGATIVE DIVERGENCE on RSI front.
Now upside 8340 has become new base RESISTANCE if stock fail to move above this resistance zone then it can give pullback towards minimum 4748 to 3600 as part of wave 2nd of 3rd which it can comes in next couple of MONTH.
NOTE: if stock gives weekly close above 8340 spot levels then will have to re visit the wave counts for next direction. But if stock holds 8340 then this view remains open for next couple of months.
