Exide
EXIDEIND - AT RESISTANCE (MAY BREAK)LEVELS ARE SHARED IN THE CHART
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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Exide- Positive MACD crossover & EMA Crossover expectedOn daily chart MACD is about to make positive cross over & EMAs are also likely to do so. Watch it.
Weakness on hourly charts! Exide industries is breaking down further from here.
162 is a strong resistance. Breaking from here could lead to a fall of upto 152.
Trigger shorts @ 161. Target@ 152. SL@165
Exide IND to breakdown from hereExide industries will break down from here. It is piercing through the 50 DMA downwards. Initiate shorts @ 162. Target@153 and SL@166.
EXIDE INDUSTRIES - BULLISH HAMMER ON 2HR CHARTBullish Hammer on 2 Hr Chart.
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I AM not your financial advisors. Risk it for the biscuit.
Exide looking good above 174.25 levelsStricly for educational purpose and not a recomendation
Reasons: 1: trend of the stock is bullish with technical indicator support
2: direction of 200 ema
3: major trend line resistance at 174.25
4: less than 1.5 % gap btween 200 ema timef rame lines and it is converging (green lines on my chart)
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EXIDE MAY GIVE BREAKOUT, TRADING NEAR SWING HIGHExide made a high of 175 in previous session which is swing high as well. Looking at the momentum and volume, a breakout may come. Breaking 175-176 will bring target of 182, 193.
EXIDE: Running out of ChargeRs 174 , could that be a double top near the long drawn falling trend-line resistance?
INTRADAY EXIDEIND SHORTAs indicated on the chart, the price has sharply reversed from the current levels down to the support line. I am expecting the price to do the same this time around and reverse to the lower level.
Strategy:
Observe for price action at the open and go short at the highest point.
The trade will fail if the previous high is broken, hence that will be the stop loss.
Sell @ 170
SL @ 172
T1 @ 166
T2 @ 168. Giving a decent RR of 2.46.
#EXIDEIND - 4 hour chart bearishEXIDEIND - Bearish setup
4 hour chart analysis
Harmonics Pattern
Hope my Chart Helps !!!!
Exide_6% upside profitDate: 18 July 2020
Exide Industries (CMP 159.80)
Double Bottom and Flag pattern can be seen in the chart. Price trading well above 20 DEMA and 50 DEMA.
Target 170. If 170 is achieved then next target will revised at 180.
T1- 163, T2-166, T3-170; SL-155
PCR = 0.41; Max OI at 160 CE (12.31 Lacs), 165 CE (7.02 Lacs) and 170 CE (7.07 Lacs).
Exide - Hidden Divergence + Hanging ManHidden Divergences indicate the uptrend in price should continue.
The price action candle pattern supports the hypothesis.
So unless, its a super Bearish Market tomorrow, it should be a good trade!
Go Long above 154.5 for 156, 157, 160 (if it sustains above 157.3 - 50 DMA) with SL at 153
# 15 LONG Exide for 30 - 40 Trading SessionsNSE:EXIDEIND
Reason Being:
1. Formation of Triangle pattern and Upper Breakout with Volume Confirmation
The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.
Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Target Price: 170 and 185
View Negated Below: 145
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
