Stock Ready to Blast NSE:ARE_M If you missed the rally of Exide industry then you can add this stock in your watchlist. After breakout we can expect huge upside movement in this stock.
Search in ideas for "Exide"
Cause of failed trade in Exide industriesI took trade after the breakout of two hour time frame of the horizontal level, But it failed as soon as it reaches the top of the channel.
crashi think exide will crash to 290 in 4 months. no specific reason just logical thinking i think it spiked quite suddenly and quite much. i think its bound to fall.
A NEW league opensA complete clear breakout in Exide industries in monthly time frame , that's why we are seeing such clear moves hold it for a new league ,in July expecting 600+ great for both trading and investment purpose
Long in EXIDE -Base on base setup
-Low volume pullback
-Holding EMAS well
-Inclusion in EV index
----A breakout above the smaller horizontal line would be my entry point.
PS- Impactful event due
Will Motherson Wiring (MSUMI) ride with other auto ancillaries?After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand.
Now come to MSUMI analysis, why it can give returns?
FA:
-First of all decent growing QoQ, YoY and overall FY24 growth results for the company.
-ROE: 42.4% (highest among top leaders and ROCE: 48%
-Debt to equity : 0.15 (low)
TA:
-DTL BO Anticipation (Down Trend Line Breakout), tested trend line(TL) 6 times.
-HLs
-VCP in action
-Green vol > Red Vol (only concern can be big supply on 17/may but it can taken as final flushing of supplier from TL resistance, if now tested can break easily)
-Shakeouts are there (kicking out weak players)
-Tight closes with low vol
Overall loving the setup if possible will take cheat entry (Cheat : early entry from small base before BO in anticipation of BO)
bankniftysupport zone 46529 - trendline
resistance 47363-47829
A short build-up was seen in 100 stocks, including Exide Industries, Indraprastha Gas, Dr Reddy's Laboratories, Titan Company, and Berger Paints.
NIFTYsupport zone 21916-21793
resistance zone 22080-22193
A short build-up was seen in 100 stocks, including Exide Industries, Indraprastha Gas, Dr Reddy's Laboratories, Titan Company, and Berger Paints.
A Perfect Buying setup in Exide IndustriesStock has recently given a breakup and then consolidated for few days with volume drying up. Last close was above the high of breakout candle with increased volumes.
Disclaimer - Only for study purpose - Trade at your own risk
Short exide industries - target 250Over bought condition on daily and weekly time frames. Auto sector headed for correction. Short for targets 250, 240 and possibly more in 1-2 months
Short Exide industriesShort position can be opened at current levels with stop loss at resistance line as mentioned in the chart.
Upon breaching the resistance line on daily closing basis it will open upside target 1.
Please do your own research before entering any position.
Bullish Exide!!Inverse head and shoulder is forming. It is on the verge of breakout. ITM and OTM call unwinding making it more strong!
SL-169
swing for exidestock consolidating at support level
if it breaks last candle high then go for buy (156.05)
with stop loss of same last candle low (152.75)
long on exidekeep in your watchlist.
only for information and education purpose. please consult your adviser before investing.
#trading #long #midcap #india #ev #chart #bullish
JUBILANT FOODJubilant food ne daily time frame per Kafi Achcha Breakout Diya Hai Aap Jaisa Ki chaRt Mein dekh Pa rahe hain jubliant food ka bhi Dinon Se Ek down train mein chal raha tha aur usne HAL hi Mein Exide Kafi Achcha Breakout Diya Hai train line ka aur trainline Kohli test Bhi Kiya Hai aap ismein bike ki position banaa sakte hain jismein Chahat Mein Humne bataya hai aapko Aise Lo target kahan per hai aur kaise Rakhna hai
[Positional] Exide Positional OverviewNote -
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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HDFC life - longIn the past all M&A transactions have taken place at a price to embedded value of 3-3.5
embedded value post acquiring exide life insurance is around 32000.
when the market cap dips below 112000 cr start accumulating the company.
embedded value is the present value of all the future estimated profits on the policies currently written while accounting for the future policy payouts it is calculated by actuarians following the rules set up by IRDAI
Breakout I'm the cardsA parallel downward channel Breakout is on the cards in Exide Industries
May zoom past 200 easily
7 reasons to buy exide industriessee the chart and make your decision
target 200-220(minimum 41%)
7th reason complete auto sector has taken support in megatriangular pattern
#HDFCLIFE buy @bottom of swing range 655-700#HDFCLIFE has been broadly in a channel 655- 720
a 10% move every 2-3 within this channel has happened since last 12 mnths
Insiders i.e. #exide got a 4% stake at 485 few months bk.
Buy / accumulate at current levels for tgt 700 + in 2-3 months
Swing Opportunity in ExideGo Long above 168.15 for Targets of 174.3, and 180.45 with SL 162
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also a bullish candlestick pattern Bullish Harami (marked with orange color) is formed around 0.5 Fibonacci level.
4. There is a trendline (marked with red color), which is providing resistance to the stock so we have placed our final target just below it.
