Double botton: Buy above 216 sl 212 for 220- 223
TRADE FOR NEXT 1 FEW DAYS: SELL EXIDEIND (Exide Industries Ltd) BELOW 219.80
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
CONDITIONAL STBT IN EXIDEIND NOVEMBER FUT SHORT IF CLOSES BELOW 250 SHORT@249 STOP@253.5 TARGET@242 LOT:2000
STBT IN EXIDE IND GRAVESTONE DOJI ON HIGHER LEVELS MIGHT FORM A EVENING STAR CANDLESTICK PATTERN FUTURES TRADE SHORT@285 STOP@289 TARGET@281 LOT:4000 QTY:1
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
BUY IN CASH EQUITY TARGET AS PER PROJECTED IN CHART USE ANALYSIS FOR TREND CONFIRMATION HAPPY TRADING !!!
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.
EXIDEIND parallel channel setup. This setup can be used in addition to your analysis. Short below 197
Buy Exide Industries for the targets of 217 and 227 with the SL of 201 on the closing basis.