Search in ideas for "Exide"
Exide Trade Setup for 2-3 days !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 2 to 5 times.
Exide Industry Trend Analysis & Trade Setup !!TREND ANALYSIS
TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long.
Risk Reward is more then 6-8
EXIDE INDUSTRIES CAN BOUNCE 20% UP FROM CMPOUTLOOK:- EXIDE INDUSTRIES HAS MORE CHANCES OF BOUNCING BACK THAN EVER. ON THE ABOVE CHART, YOU CAN SEE, THE STOCK IS NEAR ITS VERY STRONG SUPPORT OF 200. RSI AT OVERSOLD ZONE (28) I EXPECT IT CAN BOUNCE 20% AND 3-8% BOUNCE CAN HAPPEN IN A FEW DAYS. IT HAS FORMED "HEAD AND SHOULDER" PATTERN DURING ITS FALL AND ITS SELL TARGET (FROM THAT PATTERN) IS ALSO COMPLETED. SO, THE BOUNCE IS MORE LIKELY.
BUY ABOVE 200EMA = 208 (WEEKLY CHART)
TARGET 100 EMA= 230 (POSITIONAL VIEW FOR 10 TRADING SEASSION 2 WEEK )
Exide Industries Intraday OverviewABCD pattern creation in Exide industries.
Go Short at current level with TG 1 and TG2 mentioned in chart.
Follow strict SL here.
All Level mentioned in the chart.
Also Cypther pattern in preparation , will update once it is completed.
EXIDE getting ready for next swing?Retested 245 again and there is buying pressure. The market has been sideways for quite some time and open interest suggest there is a negative bias. If price goes up and then retraces to 253 (cloud periphery) it could be good entry point with stop at 245.
Exide uptrend with a slight change in direction
I am very new to technical analysis so I'm using this wonderful platform to learn, practice and hopefully apply some strategies to make good trades. This is my first analysis.
Exide has been on an uptrend for a while. It made a downward change in direction but it's still in a good zone and looks like it should go up in the near future. Good time to buy and then sell when it starts touching 280.
Exide Industries - will break our any time soon.For the past one month Exide industries has been trading in the range of 200 to 213 and has been consolidating one whole month.
There is sudden surge in volume and RSI is also moving in the upward direction indicating there might be a up move anytime soon.
Go long above 213
T1 - 222
T2 - 238
SL - 200
Exide Tgt 240. Bought Exide today morning around 218. Stock had broken out of down channel on weekly charts. This pullback is giving a good opportunity to buy. I expect the stock to hit 240 by next month.
Exide : Breakout of downward channel consolidationBuy Exide in range 215-219 stop 205 Targets 250-270
Rationale: Breakout of downward channel
with high volumes, price took support
@ 61.8% retracement and eventually breakout
Exide Features Short I am looking to sell Exide Features CMP 241 with stop 252 for Target of 224/208
regards
Buying oppurtunity in Exide IndustriesExide industries is following the trendline since 26-12-2016. In previous instances it has rebounded after touching except on 3-5-2017. However, the next day it was back above trendline accompanied with huge volume. Today it has touched the trendline again. I feel this is a buying opportunity with a stop loss of 223.
BEARISH CRAB PATTERN ON EXIDE INDUSTRIES EXIDE INDUSTRIES Daily chart, we have a potential Short opportunity's at the D leg completion of bearish CRAB setup.
The price reversal zone on this pair is between 226 & 233.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Crab setup placed at the .382% and .618% retracement of the A to D move.
Target 1 : 208 & Target 2: 193
Stop would be placed levels are behind the next structure level after the D point (234+) or the 2.0 extension of XA (247).
Trade with Care
Exide looks excited with Positive Breakout from ConsolidationAfter few weeks of consolidation in rectangle formation, the price action broke out from the rectangle on Wednesday indicated strong buying pressure and thereon the price action remained and managed to close above 184 resistance level for three continuous day. Buyers look excited and shall move prices up.
As per Elliott Waves, there is completion of Regular Flat corrections (ABC) and now the price action is in a Wave 3 of impulsive move.
Target 1: 192
Stoploss 179
Now the Battery is fully chargedA Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:EXIDEIND
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the NSE:EXIDEIND
MACD gave Positive crossover on Daily chart and Monthly chart and weekly chart, it is moving towards the positive territory. So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 261-268 levels with the stoploss of Rs. 240.90 on weekly closing basis. The 1st target will be 285.10 , 2nd target will be 300.10, 3rd target will be 316.20, 4th target will be 335.65 and fifth target will be 348.55.
This study is for educational purpose only.
Swing Trade Idea for Exide IndustriesBroken the trendline to go up. Auto sector bullish also helping here gain higher highs.
Entry: Wait for a small pullback/retest
t1: 185
t2: 204
t3: 219
SL: 170
Bearish Engulfing Pattern on Exide.Bearish Engulfing is a popular candlestick pattern used in technical analysis to identify potential trend reversals in the stock market. When applied to Exide Industries share, which is currently facing resistance, the Bearish Engulfing pattern suggests a potential downturn in the stock's price.
The Bearish Engulfing pattern consists of two candlesticks: the first is a bullish candlestick, followed by a larger bearish candlestick. The bearish candle completely engulfs the previous bullish candle, signaling a shift in market sentiment from bullish to bearish.
In the case of Exide Industries share, the presence of the Bearish Engulfing pattern implies that the stock is currently facing resistance, indicating a level at which selling pressure outweighs buying pressure. This resistance level has prevented the stock's price from moving higher, suggesting a potential reversal in the prevailing uptrend.
The Bearish Engulfing pattern, coupled with resistance, suggests that traders and investors should exercise caution when considering bullish positions or holding onto existing long positions. It signifies a change in market dynamics, where bears may gain control, leading to a potential decline in the stock's price.
As with any technical pattern, it is important to consider other factors such as volume, overall market conditions, and fundamental analysis before making trading or investment decisions. Traders and investors should monitor the price action and volume closely to confirm the validity of the Bearish Engulfing pattern and the resistance level to determine the future direction of Exide Industries share. NSE:EXIDEIND
