follow the chart buy @ mkt price SL and Tgt mentioned in the chart
I 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...
Exide ind is holding the support at 175. Trend is up. Stop 174.
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.
NSE:EXIDEIND will try to fill the gap and take support around 50DMA line. The entry can be initiated safely at Rs205.
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.
One can accumulate EXIDE at this price for short to medium term investment.
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.
Can see PRZ for Exide Ind at around 160 to 162 Maintain strict SL @ 149
POOR exide is struggling so far, 171 level is important to claim, otehrwise 155 152 level we can see, here multiple pattern are present
Exide Industry is on a Multi Year Support Test. Any Reversal Sign above 185 can be a good opportunity for a Swing Trade.
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.
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 may reverse from here. (for educational purpose only)
Looks 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 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.