Exide
Exide Industries Ltd | CHART#11Exide Industries Ltd. engages in the manufacture of storage batteries. It operates through the Storage Batteries and Allied Products segment.
* Stock Analysis *
-- Short-term trend of the stock is positive where it is trading above its 20-day SMA
-- Huge scope for Storage Batteries due to adoption of Electric Vehicle in the near future. Best time to invest!
-- Third attempt of Breakout at 175 level (Supply Zone) with good volume
* Important Levels to Watch *
-- Entry @ CMP or after breakout
-- Target @ 200
-- SL 164
Good Luck Investors❗
-GokulHari
Exide - ABCD Pattern - Long IdeaLong Idea - Target 198.
Setup - ABCD pattern
Entry - 185-186
Stop - 169.5
Price Target - 198 range
This is not a high momentum stock and is investment grade.
Even if the stoploss is hit and prices crash, the stock is a great buy around 120 levels.
Disclaimer: Please trade and invest at your own risk.
EXIDE WAITING TO EXITE US :)TRIANGLE BREAKOUTS. explained well in charts. I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. bye
Exide Industries- 200 on the cardsAfter a brief downward movement starting from 218, there is an evident inverse head and shoulder pattern visible. Two shoulders at 180 range and head at 170 range. Potential upside is there for this stock and this can be predicted to cross 200 in the near future.
NOTE: This is only for educational purposes and do not constitute specific financial, trading or investment advice. Investment/Trading in market is subjected to market risk,Please consult financial advisor before trading or investing.
Exide is on a good run but now at strong resistanceExide Industries has shown a great run on daily charts. But now it is at a point where it could face resistance as it did historically.
I have indicated the resistance points on the chart.
Keep this on the radar. If this level is broken, the move could be huge!
Please like and follow.
NSE:EXIDEIND
EXIDEIND - AT RESISTANCE (MAY BREAK)An ascending triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!