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.
Exideindustries
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.
Exide: Short term view-BullishDaily and weekly MACD Crossover, Daily CCI indicating positive these may help to reach the target.
Vijayaraghavan.K,
Kovilpatti,Tuticorin
Bullish crab on Exideind Buy zone 165-170
Target 200
View negated below 158 daily close
Thanks
Jigar Pateel
8898030401
EXIDE upper parabola pattern reverse cup and handle patternEXIDE upper parabola pattern reverse cup and handle pattern
Exide Industries Ltd | CHART#11Exide Industries Ltd. engages in the manufacture of storage batteries. It operates through the Storage Batteries and Allied Products segment.
* Stock Analysis *
-- Short-term trend of the stock is positive where it is trading above its 20-day SMA
-- Huge scope for Storage Batteries due to adoption of Electric Vehicle in the near future. Best time to invest!
-- Third attempt of Breakout at 175 level (Supply Zone) with good volume
* Important Levels to Watch *
-- Entry @ CMP or after breakout
-- Target @ 200
-- SL 164
Good Luck Investors❗
-GokulHari
