1. Showing strong signs of a possible uptrend 2. The current small term bearishness can be attributed to a pullback of a larger uptrend 3. Technicals - Positive crossover of 100 and 200 Moving averages 4. fundamentals - The revenues of the company have been improving from past three quarters and can possibly show better results on 31 jan 5. Budget - The push...
Broken the trendline to go up. Auto sector bullish also helping here gain higher highs. Entry: Wait for a small pullback/retest t1: 185 t2: 204 t3: 219 SL: 170
Exide Cmp - 173 Stop - 160 Expectation - T1 - 198 T2 - 220, Review at 220 Expected Holding Period - 4 months or earlier for T1, 6 months or earlier for T2 View:- Swing/Investment
Exide looking good on charts I think investors can go long above 175 with the support of 160 for short term and 150 for long term.
We are able to see a breakout for 196 target in the short term.
EXIDEIND down trend price move expected down target
swing trade: EXIDEIND- good buy would be around 169-172. strict stoploss of 165. target is 195+ and then trailing. it is indicative that the selling pressure is very low by looking at the volumes.
Explanation A - 211.5 B - 170.55 C - 199 D - ??? AB = CD 211.5-170.55 = 40.95 199-40.95 = 158.05 Our 1st Price Reversal Zone (PRZ) 158.75 which is our 2nd Price Reversal Zone is 1.41 fibo level of B To C. SL is below 1.618 fibo level of B To C. Target calculated by C To D fibo levels.
Can see PRZ for Exide Ind at around 160 to 162 Maintain strict SL @ 149
NSE: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....
Exide India broken the resistance which acted as support for multi year since 2009 support on Mar 2009 Feb 2014 Feb 2016 broken the resistance on the monthly TF trendline now Go Long
Exide Ind - Cmp 192.80 Looks good for long for initial targets of 200/209/2015 with sl 180 on closing basis. Reason: 1. Breakout from inverted HnS pattern with good volume.
EXIDEIND after a downtrend nearly it got consolidated 20 days near the strong support area and yesterday it gave breakout for downside and currently it is in Trendline support, once it's break then next support we can see near 170.5 and next support is 155.
On breakout, go long RSI at levels of 62 Target - 209, 216
EXIDE upper parabola pattern reverse cup and handle pattern