Exide Head and Shoulder Pattern on Weekly Time FrameExide Head and Shoulder Pattern on Weekly Time Frame, waiting for the breakdown.
EXIDEIND trade ideas
Exide Industries--Long Idea---Swing TradeAfter making W pattern, price has given breakout at flag and pole pattern.
The scrap can be bought at current levels for tgt of 170 for swing trade.
Exideind ,elliot wave, fib extelliot wave analysis. 3rd wave may started in exideind target can be 176 178 and 5th wave target -184-86
ExideindExideind CMP 156.9
Seems like bottom is done...
as well as trend turned green
As long as we hold 153
my upside tgt would be 170/182+ levels
Chart is for study purpose only!!
EXIDE LONG TRADEEXIDE is founding it's botttor. If you want to build long term portfolio you can sip in this stock within a year it can be doubled.
EXIDECan be a good buy above 160, TGT 180, 200+. For educational purpose only. Kindly contact your financial advisor before entering any trade.
EXIDEINDEXIDEIND : CMP 156.30
Pattern : Descending Channel
Resistance 157
Support 139
It has been consolidating from Feb-21 with decent volume.
Short Term
Buy Range 155-160
Target 190-215+
Stop Loss 138
Holding Period 2-3 Months
#ExideIndustries Positional Levels NSE:EXIDEIND
📌We will wait for our level, if reverse before level then we will try to enter on breakout coz we might miss reversal in that.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Bigger Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 136.80
PRZ 2 :- 135.50
SL :- 124.70 (Closing Basis)
Target 1:- 144
Target 2:- 152
Target 3:- 160 and more Trailing basis
Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
exide indTextOnly take position on above 1:5 RR ratio
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Current Price : 149
Take position at : breakout the triangle setup 135
Max Target 120% ROI
Stop loss according your Psychology
RRR 1:11
Time period : 2 year
EXIDEINDIf you want (price action) of any charts then drop the stock keyword in the comment section.
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Thank you.
Note: Don't trade without stoploss because risk management is the main key in trading.
Disclaimer: I'm not responsible for any loss that you have made from this post. Do your own research then invest.
EXIDE INDUSTRIES The stock is trading in the long term downtrend channel and is bouncing off support at 170. Long term resistance is at 185.
This can be a nice positional play for targets of 205 and 220 if it stays above the support this week.
Aise kaise chalegaplease refer to the chart.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
SWING TRADE : EXIDEadded trendlines on chart
Disclaimer: This is educational purpose only. This is purely my personal view, please trade at your own risk.
Breakout I'm the cardsA parallel downward channel Breakout is on the cards in Exide Industries
May zoom past 200 easily
Short term long position on ExideInd1. Showing strong signs of a possible uptrend
2. The current small term bearishness can be attributed to a pullback of a larger uptrend
3. Technicals - Positive crossover of 100 and 200 Moving averages
4. fundamentals - The revenues of the company have been improving from past three quarters and can possibly show better results on 31 jan
5. Budget - The push towards EV and possible budget allocations to this sector may support Exide industries Directly and indirectly.
6. my idea for long is for a short trade. you can hold or sell after that based on your analysis
*** I would love to hear all types of comment and If you find me wrong I would love to know that too with reasons
Exide chart detailsThis guy break the trendline and it fails to sustain because of nagetive sentiment. Breakout statagies mostly works on bullish or sometimes in sideways.
Present market is in bearish.wait for positive sign.
The possible entry is 184 level breakout.if your a risky trader take small position when the price breaks the blue trend line.
Now.,the best thing is wait for bedget meeting
BreakoutThis guy breaks the trendline with huge bullishness.
V type recovery from the bottom.may expect 10% - 15% in two weeks.ENTER WITH CALCULATED RISK.
Swing Trade Idea for Exide IndustriesBroken the trendline to go up. Auto sector bullish also helping here gain higher highs.
Entry: Wait for a small pullback/retest
t1: 185
t2: 204
t3: 219
SL: 170
Swing Trade Exide IndiaExide india buy opportunity for short term trade.
All details mention on chart.
