Technical View on Exide by Samraat JainExide 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.
Exideindustries
EXIDEIND_KEEP YOUR EYE ON ITEXIDEIND looks good on chart.
One can go long if it breaks the range upside with volume.
(FOR EDUCATIONAL PURPOSE ONLY)
Exide on triangleExide is forming a triangle on the weekly pattern. support seems to be very strong on 170s. on breakout, we can expect 70% profit booking from the current level. however, still more time to accumulate.
ExideIND long short termI hope you can now see how ExideIND represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Exide BUYH & S
target 239
The company has been in the range of 155 to 220. With the current set, next month should be a big move of 35%.
EXIDEIND- Stock sitting at a major monthly support.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.
Exide has finally reversed. Good above Rs205 for Bullish UptrendNSE:EXIDEIND will try to fill the gap and take support around 50DMA line.
The entry can be initiated safely at Rs205.
Exide Industries - Bullish HarmonicExplanation
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.
EXIDE available at a good priceOne can accumulate EXIDE at this price for short to medium term investment.
EXIDE IND.Stock good for short term investments, should hold for at least 2 months.
DISCLAIMER - Analyse by yourself before investing.
Do comment and suggest if corrections needed.
HAPPY TRADING.
Exide IND PRZ around 160 to 162 zoneCan see PRZ for Exide Ind at around 160 to 162
Maintain strict SL @ 149
exide industriesPOOR exide is struggling so far, 171 level is important to claim, otehrwise 155 152 level we can see, here multiple pattern are present
Expected an upward move from CMPExpected an uptrend after a deep correction from 219. If it doesn't break its support of 170.4 can expect an upside with targets up to 196.
This is my first analysis, comment if it's right?
Multi Year Support Test = Exide IndustExide Industry is on a Multi Year Support Test. Any Reversal Sign above 185 can be a good opportunity for a Swing Trade.
EXIDE INDUSTRIES, BE EXITED ;)Stock good for short term investments, should hold for at least 50 days.
DISCLAIMER - Analyse by yourself before investing.
Do comment and suggest if corrections needed.
HAPPY TRADING.
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.
EXIDEIND S&R ANALYSISLooks it has taken the support and we will see upward jouney in few trading days.
Buy @ Current Market Price.
Target 1- 204
Target 2 -219
This is for Education Purpose.
Exide IndustriesExide 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.
