Search in ideas for "Exide"
[POSITIONAL] EXIDEIND LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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BO_Retest🟢 Very high volume breakout & then pullback/profit booking
🟢 ExideInd BO retest done near the 50% retracement levels
🟢 Doji formation near demand zone indicating indecisiveness.
🟢 178-182 is a very good demand zone and may take support
🟢 A good EV play and recent stake sell will add cash flow
🟢 A rerating candidate and stock has potential to move high
🟢 Stock trading near 200 DEMA. First pullback is a great buy
🟢 Daily #RSIStairs > 60. Trading above major MA & SuperTrend
🟢 12/20 DEMA bullish crossover in daily scale. Bullish
🔴 Weekly and monthly #RSIStairs still trading below 55
🔴 Relative strength in #RSIStairs is turning positive.
I have added at lower levels. Will add more after seeing some reversal confirmation. Can do some shakeout near the BO retest levels and move higher. Even if it doesn't move in near term, stock has potential to test 220/234 in #MediumTerm to #LongTerm #PortfolioBuilding #Investment
[POSITIONAL] EXIDEIND LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
Forecasting Methods & Confirmation On July 16 2020 i have made an forecast that this will make some Out of Box or Range moves before heading for one more correction
and that worked Exactly the same way , Including Maximum High it can attain during this out range move ,
I am attaching my private chart here for your reference one can click it to know more
Good luck
Watchlist for Monday 13-07-2020 (Possible Trending)Observe:
INFY
HDFCLIFE
BANDHANB
JSWSTEEL
PETRONET
ZEEL
EXIDEIND
JUSTDIAL
TATASTEEL
NTPC
NMDC
EQUITAS
PFC
ONGC
NATIONALL
Above list includes stocks with possible high movement. It includes both up and down.
Caution: Choose by self analysis and confirmation.
Nifty 50 will be mostly trending. Either gap down to up trend or open near previous day close to down trend.
Identify NIFTY 50 or other respective indices trend to confirm the trend. Don't go against the trend.
If trending keep Trailing Stoploss to catch up the rally.
nifty auto index view 10.01.2025The **Nifty Auto Index** is a stock market index on the National Stock Exchange of India (NSE) that represents the performance of the automobile sector. It includes companies from various segments of the auto industry, such as passenger cars, commercial vehicles, two-wheelers, three-wheelers, and auto components.
### **Key Details of Nifty Auto Index**:
1. **Objective**:
- The Nifty Auto Index aims to provide investors with a benchmark that reflects the performance of the Indian automotive sector.
2. **Composition**:
- The index includes **15 companies** from the automobile and auto ancillary sectors.
- These companies are selected based on their market capitalization and liquidity.
3. **Weightage**:
- The index is **market capitalization-weighted**, meaning companies with larger market caps have a more significant influence on the index's movement.
- It is reviewed semi-annually, ensuring the index reflects the current market conditions.
### **Components of Nifty Auto Index** (as of the latest review):
1. Maruti Suzuki India Ltd.
2. Tata Motors Ltd.
3. Mahindra & Mahindra Ltd.
4. Bajaj Auto Ltd.
5. Hero MotoCorp Ltd.
6. Ashok Leyland Ltd.
7. Eicher Motors Ltd.
8. TVS Motor Company Ltd.
9. Bharat Forge Ltd.
10. Bosch Ltd.
11. MRF Ltd.
12. Apollo Tyres Ltd.
13. Exide Industries Ltd.
14. Amara Raja Batteries Ltd.
15. Sona BLW Precision Forgings Ltd.
These companies cover a wide range of products, including cars, motorcycles, commercial vehicles, and auto parts.
Would you like more information on any specific component or how the index is calculated?
WALLING WEDGE BREAKOUT (EXIDE)A falling wedge is a bullish chart pattern used in technical analysis. It is characterized by two converging trend lines that slope downwards, forming a cone shape. The pattern indicates that the price of a security is likely to reverse and move higher after a period of decline. Here are the key features:
Converging Trend Lines: The highs and lows of the price action converge, creating a narrowing wedge.
Volume Decline: Typically, volume decreases as the pattern forms.
Breakout: A bullish signal is confirmed when the price breaks above the upper trend line12.
This pattern suggests a decrease in downside momentum and the potential for a trend reversal3.