Search in ideas for "Exide"
EXIDE INDUSTRIES LOOKS POSITIVEEXIDE INDUSTRIES is on a uptrend and then formed inverted head and shoulder.
EXIDE INDUSTRIES broke the important resistance at 192.2 and went up and retested.
EXIDE INDUSTRIES can touch 194.4 as target for intraday.
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation
SELL EXIDEIND FUTURES 27-6-19SELL EXIDEIND FUTURES 27-6-19 BELOW 199 TGT1-191 TGT2-185 TGT3-181 Closing base SL-206
How to follow our calls & earn maximum profit from our calls
1. You should always keep the STOP LOSS. In the market only SL will SAVE YOU
2. When Target1 is ACHIEVED TRAIL your SL to BUY/SELL PRICE.
3. Subsequently when Target2 is ACHIEVED TRAIL your SL to Target1.
4. Subsequently when Target3 is ACHIEVED you can book PROFIT or if you want to wait, TRAIL your SL to Target3.
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EXIDE reversal from RESISTANCE ZONE, THETA DECAYEXIDE reversed from its resistance level.
For THETA DECAY-
For conservative entry one can sell EXIDE SEPT 230CE at 1.45 with a lot size of 4000 for a potential profit of 5800.
For aggressive entry one can sell EXIDE SEPT 225CE at 2.3 for a potential profit of 9200.
Our take profit is at the level of 61.8% based on Fibonacci lines.
Exide Industries analysis-Exide Industries is a leading automotive battery manufacturer in India, with a market capitalization of Rs 42,690 crore. The stock's PE ratio stands at 48, reflecting its strong growth prospects. Let's delve into the technical analysis of the stock:
Price Action:
All-time High: The stock recently hit an all-time high of 619.
Resistance Level: It is currently trading near its resistance level, indicating potential upside.
Falling Wedge Pattern: A falling wedge pattern is forming on the chart, suggesting a bullish breakout may be imminent. If the stock breaks above the resistance level, a significant upmove could follow.
Technical Indicators:
Moving Averages: The stock is trading above its 9, 21, and 50-day moving averages, indicating a strong uptrend.
Volume: Volume has been increasing during recent uptrends, supporting the bullish outlook.
Overall Outlook:
The technical analysis of Exide Industries suggests a positive outlook. The stock's strong price action, coupled with bullish technical indicators, indicates potential for further appreciation. However, it's essential to conduct thorough research and consider other factors before making any investment decisions.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investors should consult with a qualified financial advisor before making any investment decisions.
Exide Industries: At make or break zoneExide Industries
CMP 201
The zone of 196-205 is a crucial zone for Exide Industries....
The chart reflects and highlights the fact that This has been the zone where Major Buy / Sell decisions have been made so far...
It acted as a resistance in early 2015 and then again in 2016...
The zone has provided support for 4-5 months on a trot in late 2017...
Can it hold once again...???
Are the Bulls strong enough to withstand the onslaught...???
Or will the bears have their say this time around...
Do not rush to enter a trade. Keep calm and Wait for the opportune moment...
Levels have been mentioned in the chart.
Take care & safe trading...!!!
EXIDEIND Support & Resistance
#EXIDEIND
Trend: Strong uptrend from January to June 2024, followed by a corrective phase. Currently consolidating with signs of a potential reversal.
Chart Pattern: Double Bottom pattern with a breakout above ₹490, signaling a possible trend reversal.
Candlestick: Strong bullish candle today (+5.42%) with no upper wick, indicating strong buying pressure.
Price Action: Support found at 460. Breakout above ₹490 shows buyer strength and momentum.
Volume: Significant volume spike (13.69M), confirming the breakout strength.
Buy Entry: Consider buying around ₹490-500 for potential upside.
Stop Loss: Set a stop loss below 460 (key support level).
Target: Initial target around 540, with potential to reach *580-1600 if momentum continues.
EXIDEIND can be bought based on daily charts for 40% upside.EXIDEIND can be bought based on daily charts for 40% upside.
On Daily Charts stock is trying to do base formation & possible CUP pattern to get developed breakout of which will give Targets of 700 from current Levels.
LTP - 496
SL - 445
Targets - 700
Timeframe - 8-10 Months
Happy Investing.
EXIDEIND near major support (only for futures & option traders)EXIDEIND near major support, can enter short position if price closes below 171 on daily time frame with SL @ 174.75 on closing basis, TGT1 : 168.71, TGT2 : 167
Please choose next month expiry for positional trades.
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis