Trident Ltd Sees Exceptional Volume Surge Amid Trend Reversal and Upbeat Trading Activity

High Volume Trading Activity Highlights Renewed Market Focus

On 23 Feb 2026, Trident Ltd (symbol: TRIDENT) emerged as one of the most actively traded stocks by volume, with a total traded volume of 1.65 crore shares and a traded value exceeding ₹44.38 crores. This surge in activity represents a significant uptick compared to its recent averages, reflecting heightened market participation. The stock opened at ₹25.97, touched a day high of ₹27.48, and closed at ₹26.49 by 09:45 IST, marking a 3.76% increase from the previous close of ₹25.53.

Such volume spikes often indicate accumulation phases where institutional investors or large traders build positions, especially after a period of price weakness. The delivery volume on 20 Feb 2026 was recorded at 19.82 lakh shares, a 3.4% increase over the five-day average delivery volume, further underscoring growing investor conviction.

Price Performance and Technical Indicators Signal Potential Trend Reversal

Trident Ltd’s price action on the day outperformed its sector by 4.27% and the Sensex by 3.28%, with the stock delivering a 1-day return of 3.92% against the sector’s 0.47% and Sensex’s 0.64%. This outperformance is notable given the stock had been in a downtrend for nine consecutive sessions prior to this rebound.

Technically, the stock’s last traded price (LTP) is above its 5-day, 20-day, and 50-day moving averages, indicating short- to medium-term bullish momentum. However, it remains below the 100-day and 200-day moving averages, suggesting that the longer-term trend is still under pressure. This mixed technical picture points to a potential trend reversal in its early stages, warranting close monitoring by traders and investors.

Fundamental and Market Context

Trident Ltd operates within the Garments & Apparels industry and is classified as a small-cap company with a market capitalisation of approximately ₹13,015 crores. Despite its relatively modest size, the company’s stock has attracted significant attention due to its liquidity and price action.

The company’s Mojo Score currently stands at 34.0, with a Mojo Grade of Sell, downgraded from Hold on 11 Aug 2025. This downgrade reflects some concerns regarding the company’s fundamentals or near-term outlook, which investors should weigh against the recent positive price and volume signals. The market cap grade is 3, indicating moderate market capitalisation relative to peers.

Liquidity and Trading Viability

Liquidity remains a key consideration for investors looking to trade Trident Ltd. Based on 2% of the five-day average traded value, the stock is liquid enough to support trade sizes of approximately ₹0.23 crores without significant price impact. This level of liquidity is attractive for both retail and institutional participants seeking to enter or exit positions efficiently.

The stock’s rising delivery volumes and high turnover suggest that the recent price gains are supported by genuine investor interest rather than speculative intraday trading. This accumulation signal is often viewed positively by market participants as it may precede sustained upward momentum.

Accumulation/Distribution Signals and Market Sentiment

Analysis of volume and price action indicates a shift in market sentiment towards Trident Ltd. The increase in delivery volume alongside a price rise after a prolonged decline suggests accumulation by informed investors. This is a classic distribution/accumulation signal that can precede a more durable trend change.

However, investors should remain cautious given the company’s current Mojo Grade of Sell and the fact that the stock remains below its longer-term moving averages. The downgrade from Hold to Sell in August 2025 reflects underlying concerns that may temper enthusiasm despite the recent positive technical developments.

Comparative Performance and Sector Outlook

Within the Garments & Apparels sector, Trident Ltd’s recent outperformance is noteworthy. The sector’s 1-day return stood at 0.47%, while Trident delivered 3.92%, signalling relative strength. This may reflect company-specific developments or broader market rotation into select apparel stocks.

Investors should consider sector dynamics, including demand trends, raw material costs, and export opportunities, which can materially impact earnings and valuations. Trident’s ability to sustain higher volumes and price gains will depend on both company fundamentals and sectoral tailwinds.

Outlook and Investor Considerations

While the recent volume surge and price rebound offer encouraging signs, the overall outlook for Trident Ltd remains mixed. The downgrade to a Sell grade by MarketsMOJO signals caution, suggesting that risks persist despite short-term technical improvements.

Investors are advised to monitor key technical levels, particularly the 100-day and 200-day moving averages, which currently act as resistance. Sustained volume-backed advances above these levels would strengthen the case for a more durable uptrend.

Given the company’s small-cap status and moderate liquidity, position sizing and risk management are crucial. The current trading environment favours stocks demonstrating clear accumulation signals supported by improving fundamentals and sector momentum.

Summary

Trident Ltd’s exceptional volume surge on 23 Feb 2026, coupled with a price rebound after a prolonged decline, highlights renewed investor interest and potential trend reversal. Despite a cautious fundamental outlook reflected in its Mojo Grade Sell, the stock’s technical indicators and rising delivery volumes suggest accumulation by market participants. Investors should weigh these factors carefully, considering sector conditions and longer-term moving averages before making investment decisions.

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