tejashreelomate

EXIDEIND - Volume Breakout

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
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21
EXIDEIND given a volume breakout above its log term resistance. Entry, SL, Target updated on chart.
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.

Comments

Yup great breakout with good volume👍
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SidAhad Saketh_Vaddadi
@Saketh_Vaddadi, should we wait for retest ?
Reply
@SidAhad, hey I don't think you'll have to wait. If the opening market trend is positive, then there's going to be some gap up and hence the positive uptrend may continue without a retest.

But always good to be patient a bit and check out all things. Keep an eye on the volumes at open whether the buyers are in domination or the sellers. That will give you an idea.
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