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Exide

Simple Trade Setup | EXIDE IND| 04-08-2021NSE:EXIDEIND This stock is weak now. But today it entered in the critical zone which was working as a resistance as well as support from long time. Also on daily time frame it closed below 400DMA which is act as good support for any stock. Better to avoid trading in this stock and wait for firm break of either side of level. Levels are marked on the charts. Do comment your doubt or suggestion. My personal view is to avoid trading in this stock.
NSE:EXIDEIND
by Trading_hawk
2
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
NSE:EXIDEINDLong
by GokulHari
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.
NSE:EXIDEINDLong
by VasanthJB