exide ind at support, reversal expected.

in weekly, hammer formed at horizontal support

also hidden bullish divergence seen in weekly,

in daily, regular bullish divergence seen

sl - 193 tgt1 - 220, tgt2 - 250

Trade active:

exide moving up as expected, closed at 226.05.

Trade active:

BB is expanding in daily and candles are riding the upper BB

Trade active:

descending channel breakout in daily with good volume, now it is trying to retest the breakout level.

Trade active:

price still consolidating at the support zone.

Trade active:

after a long consolidation, exide ind showing strength, BB is expanding and candles are riding the upper BB,

Comment:

1st tgt of 220 achieved here

Trade active:

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 -