Search in ideas for "Exide"
# 15 LONG Exide for 30 - 40 Trading SessionsNSE:EXIDEIND
Reason Being:
1. Formation of Triangle pattern and Upper Breakout with Volume Confirmation
The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.
Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Target Price: 170 and 185
View Negated Below: 145
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
POSITIONAL AND INTRADAY TRADE - EXIDE INDUSTRIES- 11/10/2018NSE:EXIDEIND
ENTER THE TRADE WITH FOLLOWING LEVELS:
ENTRY: 259.00
SL: 246
TARGET-1: 261.20
TARGET-2: 263.75
TARGET-3: 266.40
POSITIONAL TARGET: 300 (SL: 240)
*TRADE AS PER YOUR RISK APPETITE*
STAY CONNECTED,
EARN HUGE PROFITS, TAKE SMALL LOSSES
EXIDEIND ready to NR7 Day BreakEXIDEIND: LTP @227.4
LONG for Swing Trade.
Reason:
#1. Stock with NR7 Day (Band @ 225.65 - @ 234.8)
#2. Bounced From Correction of 0.73 Fib level
#3. +VE Divergence in RSI, W%R, CCI & MFI (H)
Best LONG: Below @ 226.50
Res. / TGT Levels:
@ 229.8, @ 231 - @ 231.9 (HZ), @ 234.2
@ 236.33, @ 237.5 - @ 238.4 (HZ), @ 241+
Sup. / Aaccumulation:
@ 225.8, @ 224.6 - @ 223.7, @ 221.3
Study Purpose Only.
Connsult Broker / Financiall Advisor Before taking Trade Decision.
STOCK ON RADAR - EXIDE INDUSTRY According to the radar, Exide industries stock has given a good upside move on daily time frame. The fundamental of the company is also good in the last quarter result.....
View ' - Long Side
Chart Time - 1 day
CMP - 530.50
Demand Zone - 440
Supply Zone - 620
buy at 530 and take profit at 620.....
STOCK ON RADAR - EXIDE INDUSTRY According to the radar, Exide industries stock has given a good upside move on daily time frame. The fundamental of the company is also good in the last quarter result.....
View ' - Long Side
Chart Time - 1 day
CMP - 530.50
Demand Zone - 440
Supply Zone - 620
buy at 530 and take profit at 620.....