Search in ideas for "Exide"
[Turtle] Exide Ind Budget BetSell 200 PE at 5. Exide should shoot up as there are supposed to be incentives on EV theme in Budget. Lets see. So sell ATM PE on a cautious note. We can hedge with 200CE if needed.
Bearish Bat Exide IndBearish Bat Exide Ind
Prz - 227 - 228.50
Sl - 230.50
Target 1 - 225
Target 2 - 223
BUY EXIDE ABOVE 272 TARGET 280-290++ SL 265.7Why Exide today - First Break-out near 268.5 !! But if it crosses 272,
we will see a very good upmove which is due from very long (may be 277-283 level)
A bit market support required.
Long ExideBroken channel may go to 226 and 232 levels after retracement as in charts . Buy when it retrace at 213
SHORT IN EXIDE SHORT EXIDE AT 235.7 CLOSING BASIS SL WOULD BE 249.75+1.20 FILTER= 250 TGT WOULD BE 204
#Exide_Industry_Ltd.Breakout and retest
Buy @ Cmp 184
Stoploss below 175 daily close
Target1 200
Target2 220
Disclaimer: Educational View
ExideindAs we see on Hourly chart it has formed triple bottom and double bottom on daily time frame and overall stock is in downward channel and indicates a bearish trend, as of now it's like make or break scenario any further decline can lead to another 3-7% downside as per inverted cup and handle structure pattern. if any bounce from neck line and crosses above high of cup we may see a failure of structure pattern. Just a view not a Reco...
Exideind"Breakout above 300 on both weekly and daily timeframes:
1) Initial breakout.
2) Second retest and subsequent breakout.
Now, the target is double the resistance of 300.
The first target is 600.
ExideindGood breakout there in day time frame. Following inverted head & shoulder pattern. It can consolidate a bit on higher level But good upside move possible if sustains above 280 level.
EXIDEINDIf you want (price action) of any charts then drop the stock keyword in the comment section.
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Thank you.
Note: Don't trade without stoploss because risk management is the main key in trading.
Disclaimer: I'm not responsible for any loss that you have made from this post. Do your own research then invest.
