Exide Ind - Sideways to Bullish
Major break of Trend line already done
Change of Structure already done
Making 2 HH Hls already done
Stock has finally managed to change the trend and broken the major resistance area of 470-75
Still it is in a supply zone but looks like it will be a good buy if it comes back to 475 area as resistance will now because a major support
As even there will a trend line support in the same area, So it will a good trade with excellent Risk Reward
Wait & Watch
Change of Structure already done
Making 2 HH Hls already done
Stock has finally managed to change the trend and broken the major resistance area of 470-75
Still it is in a supply zone but looks like it will be a good buy if it comes back to 475 area as resistance will now because a major support
As even there will a trend line support in the same area, So it will a good trade with excellent Risk Reward
Wait & Watch
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.