Exide Ind LongIncrease in OI with increase in price. Little drop in OI with fall in price. Delivery > 50% . News positive .
Search in ideas for "Exide"
exide ind at support, reversal expected.in weekly, hammer formed at horizontal support
also hidden bullish divergence seen in weekly,
in daily, regular bullish divergence seen
sl - 193 tgt1 - 220, tgt2 - 250
Exide Bearish Bat formeda bearish bat has been formed, will enter into the trade when we 2nd red candle breach low of 1st red candle
target 1: 0.382
target 2: 0.618
EXIDE BREAKOUT COMING SOON!!!CMP: 204
TGT: 213, 223, 239, 247
SL: 196
Nice price action, bouncing from support areas. Seems bottomed out on daily and weekly charts. Can go long as decending triangle breakout coming soon.
Disclaimer: I am a novice at charting and this chart is for educational purposes only. Views and opinions are welcome.
Exide Industries NeoWaveDiamond Shaped Diametric Pattern Completed And It Broke Trendline Support.
As it broken trendline lets assume this is gonna be some sort of complex correction which il head lower in coming days.
Now things to expect After Completion of Diametric is,
If ongoing rally from low of Wave g is Wave x then it shouldnt retrace more than 61.8% of Prior pattern (Diametric).
As diametric tend to have some contractions & expansions in between ,so its difficult to identify perfect channel line.So,i took some clue from Rsi oscillator.That il be a probable channel line.....
Draw a trendline connecting lows of Wave a & c then draw a line from top of Wave a & d.....(This is probable channel line & trend may continue down untill its with in this probable channel line.....
Invalidation is 229 Which is 61.8% retracement of Prior pattern.
If it moves above our tentative channel line but doesnt go beyond 229 & falls ,then we have to re draw channel line from top of wave a to end of wave x.....
Strategy is Sell On Rise.
Exide is at major support levelThis is the best support level one can go long. Nothing wrong with the fundamentals of this stock. Only market corrections.
--> 1st Target 218
---> Stop loss 211
--> 2nd Target 222
Exide :Head and shoulder break down below 218 for 212-208 sl 226Head and shoulder break down below 218 for 212-208 sl 226
Exide Industries Long for Day trade The price is exactly on point of support Zone , I am looking to buy on CMP 222.30 for Target of 230.60 With Stop 219.50
The one who understand this can make money ,
CMP 222.30
Target-230.60
Stop-219.50
Risk-3.80
Reward-8.30
Regards
exide industriesstock is in uptrend
in the last few trading sessions corrected
from recent high
stock might resume it's uptrend above 230/231 levels
if trade triggers one can have sl placed around 227 levels
and look for targets around 232/236/242
Exide India On Short Term Pull back ??I could see Using Febnachi Level the stock is heading Towards the Feb Level 50 % (221.90) and may be it will make up to 61.80% (219.52) so today will be interesting price action , the Current price is exactly at 38.2% of Feb level ,
Normally it is understood that if the Stock is having Strong upward momentum it will not retrace more than 38.20% of Feb level ,
So if the stock retrace then it will head to 221.90 and following next stop of 219.52 and then rebound if stock did not retrace beyond this level its considered as strong upward move
Cheers
exide industries ready to resume uptrend stock had a move from 214 to 230
corrected in the form of flag
buy above 228
stop at 224
target 234/235
Exide - 1hr chart Pole and Flag pattern break out above 229Pole and Flag pattern break out above 229
Exide Industries LtdFundamentals-
1)One of the biggest players in battery space.
2)Maintains its monopoly in the sector.
3)Excellent sales/growth/PAT numbers.
4)Virtually no debt(has increased leverage in last 1 year still not a big negative).
Technicals-
1)Broken the 2 year upper resistance.
CMP-210(20th Feb'2017)
1st target-230(5 months)
Disclaimer : I am a private investor who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
Note : Please like/comment(with your queries)/follow to show your support.
EXIDE INDUSTRIES LIMITEDStock at good buying price if anyone want to enter in stock then buy near 180 sl 160 only target 200-220 in next 20-30 days..
#HDFCLIFE correction gives attractive entry @ 685/665#swingidea #swingtrade #HDFCLIFE has seen a sell-off after registering ATH of 760 on 2-sep-21 post deal with Exide.
It has broken supports at 724/706 and is heading towards next support at 690.
The RSI has come down to 35 a level around which historically reversals take place.
Also, worth noting that for acquisition of Exide Life Insurance - 4% of the outstanding stock will be issued to LT investor Exide at 785.
Buy - 685-690 and on further falls at 665 ( if it happens)
Target - 740 / 775
Stoploss - 645 ( closing)
Risk Reward : 40: 65 and 40: 100
Hindustan Composites:590 Resistance:760 STOP:575Hindustan Composites Ltd: 590 is an up trending small cap stock with low equity base,
currently trading at the bottom trend line support level,good for investment at current level.
All the above is said true, but the numbers are always below expectations,
and that make the ROE poor, is the reason the stock is not performing well like sumi or exide.
Exide will fly towards 250 now.I prefer to catch bottoms but.
so dont keep higher expectation, but if you are lucky it can show 1000 in an year.
