EXIDE INDUSTRIESNSE:EXIDEIND : Time Frame(TF) : Weekly , wait for the price to come @ 180 and then buy on 200 MA Support level . Reason to buy : 1. Took a retest on fib retracement level of 23% 2. Supply level strong 200rs level , major confirmation after that . 3. Major battery companies showing momentum after a long time 4. Trend line Break and retest 5. EMA above 50 level .
PERFECT BUYING Range , can absolutely enter here . SL to be changed now to 165 around Level .
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Entry activated
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Hi all , Target 1 reached and its a breakout with huge volume . I would suggest the risky traders to stay long ( no need to book profit yet ) and safe traders can exit 30% of the quantity .
As Target 2 is already achieved , we might expect some profit booking . So , u can expect some consolidation and perfect buy level would be around Target 1 level and the 50 EMA support .
psrarunisaimaran
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Ji, At what price we can enter if it is correcting?