Exide Industries: Breakout ReadyBSE:EXIDEIND is creating a cup and handle pattern breakout.
The Q2 result is at 13th Nov.
Trade: Buy above 178 with a SL of 167. Target: Open.
EXIDEIND trade ideas
EXIDE _ WEEKLY BUYExide Battery weekly chart, probably double bottom - second bottom inverted head shoulder.
EXIDEIND Swing Trade Idea#EXIDEIND Swing Trade Idea.
Exide gave good bullish momentum on Friday but unable to sustain above 177 level which was historical resistance for this stock. Many time it touched 177 and came down to lower level.
Wait for any 1 Hour candle to sustain above this level so that we can buy and target will be 185/199.
If you see any rejection from this level then you can short at 172 level for a target of 164/159/153.
Exide changing the trend#exide just broke out the descending channel on weekly chart with good volumes. RSI is above 64.5 indicating good strength of. Breakout. Stock can reach 210-220 in short time. Keep tracking the stock.
Exide Ind - Triangle Breakout - Bullish viewExide Analysis
Fundamentals : Strong, Fairly valued, FII holding increased. Increase in Profits+Reserves!
Technicals : Broken Triangle Patter + Declined trendline, above 200 and 50 DMA.
R 1: 200
R 2: 230
R 3: 270
S : 150-130
EXide last chance to buyBuy from cmp to 155.5
easy tg 168
tg 2 - 178
Disclaimer : This is my personal analysis for study purpose not intended for trading
suoer bullish weekly breakout on exideNSE:EXIDEIND
go long on Exide
weekly breakout after proper re-test
tgt 215
250
sl 150
Exide swing trading for 5 to 6 day Exide swing trading for 3 4 percent in 5 to 6 day and risk are low
EXIDE INDUSTRIES DAY CHART - 26.10.22 - BAHAVAN CAPITALEXIDE INDUSTRIES as per Day Chart analysis
Above 166 then Target 172
Happy Profitable Trading
Exide Industries, A Potential benefiter of EV push. Midcap The stock has B/O a historic resistance with good volumes and big bullish candle.
the stock may retest the B/O levels before the rally.
Place the stop loss according to your analysis and risk appetite.
Nifty Midcap 50 Index has been B/O from its resistance so is this stock.
The EV push and the capacity of Exide Industries will be an catalyst
the stock can be traded for a short term gains or for a long term holdings.
Will be good stock to hold and diversify the portfolio.
This is not a recommendation.
this is my view for the stock I and urge you all to do your own research and analysis before investing.
Note. Nifty has been in a bull rally since few weeks now and a small correction can be seen in coming days. A red candle bigger than previous one day / two days candle is the sign to sell and to save the capital. (applies to all short term positions of the trade) once the capital is saved we can take another trade at any time. Cutting the losses is the key.
I have attached below the links for related ideas, please have a look and share your opinions on that in the comment box below.
Thank you see you soon with another idea.
EXIDE_AT GOOD PRICEYou can go long in EXIDE at this price.
(Please do your research/analysis before taking any trade. This is for educational purpose only)
EXIDEIND Long Trade (Intraday 7 Oct)EXIDEIND broke out of 15 min range and now taking support , now it could continue upside.
Exide Industries Ready For 15-20% UpmoveBuy Exide Industries
Cmp - 172.4
Buying Range - 162-165
SL - 158 ( Day Closing Basis )
Target - 200
Exide ind a trend line breakout 📈🔥🔥a major beakout of eide ind after 1.5 years stock haing a poteinal of 13 to 20% as per the marked levels
Sell Recommendation on Exide Exide after trying to break failed. now a bad weekly closing. Might see a huge fall from here.
Exide Insustries BreakoutA beautiful Inverse Head and Shoulder Pattern breakout in Exide Industries.
Pattern Name ??Price out from down trend channel and break the upper boundary with heavy volume and Made a Probably W pattern . Chances are high price try to touch life high .
Investors Pain near to End Price out from down trend channel and now ready for touch life high and for our risk parameter we exit if price close below red line mentioned in chart daily closing basis .
Target 2 active ON 167.70Meeting the trend line in monthly time line and in daily timeframe it showing trend reversal..
Entry- 158.80
easy target- 161.60
final target - 167.70
stop loss- 155.25{day closing}
happy day = happy profit....////
Cup and Handle pattern breakoutToday I picked EXIDEIND because, it broken Cup and Handle resistance on closing basis. The following factors are considered by me for picking this.
1. Huge Volumes at breakout.
2. Cup and handle Pattern
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
Beautiful Breakout in EXIDE Industries!EXIDE has given a breakout with good volumes from a trendline where it took resistance almost 6 times, it can a great opportunity for a Swing trade where RISK: REWARD is also favorable.
Exide Industries - Weekly Time FrameExide Industries - Forming double buttom on weekly time frame
CMP: 173.80
SL - Below Red Line..!
