exide ind at support, reversal expected.

Updated
in weekly, hammer formed at horizontal support

also hidden bullish divergence seen in weekly, snapshot

in daily, regular bullish divergence seen snapshot

sl - 193 tgt1 - 220, tgt2 - 250
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exide moving up as expected, closed at 226.05.
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BB is expanding in daily and candles are riding the upper BB snapshot
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descending channel breakout in daily with good volume, now it is trying to retest the breakout level. snapshot
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price still consolidating at the support zone.
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after a long consolidation, exide ind showing strength, BB is expanding and candles are riding the upper BB, snapshot
Note
1st tgt of 220 achieved here
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2nd target of 250, already achieved here, cheers...

cmp - 278.80, imp resistance at 250 got broken with good volume, currently it is in strong uptrend. follow up chart -
snapshot
Bullish DivergenceHammersupportSupport and ResistanceTrend Analysisuptrend

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