TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 5 to 10 times.
TREND ANALYSIS
Trade Setup
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
RR= 5-8 times
Will Update the 2nd Entry if it comes .
EXIDEIND traded 5 times its average volumes and broken down the triangle pattern.
SELL at 253.4
Stop-loss 259
Target 242.4
I am not SEBI Registered technical analyst. Consult your Financial Adviser before investing
EXIDEIND has traded with more then twice the average quantity on NSE with change in OI close to 18%
This is currently trading above ichimoku with price crossing upper Bullinger band.
Signifies a BUY at 271.8 with Stop-loss of 265.7 and Target of 281.45
There is support at 202, the market fails to break down and surges forward. Took a long position with stop at 212. Initial target is 230 shown in the red box.
