Idea on Exide Industries LtdA short term view on the stock; still learning on preparing, analysing charts.
EXIDEIND trade ideas
Exide ind ...... Bullish barracuda ???Explained on charts.......
Word of caution ....... results tomorrow.
Exide Industry- Weekly Chart Long SetupExide earlier broke the resistance and went up now it's taking support near the previous resistance.
Buy at current levels for long term hold.
EXIDE DAYIN DAY CHART EXIDE CMP IN DEMAND ZONE...R:R...1:5
POSSIBLE DAYS 1-2 DAYS
NOTE- ONLY FOR EDUCATION PURPOSE
EXIDEIND - SWINGTRADEStock follows a paralell channel pattern.
now price comes to an support both trendline and moving average.
also shows the signs of reversal.
Exideind - Descending channelPrice making descending channel and it should break up for tomorrow.
Keeping the description short as the lower time frame does not deserve more :)
exideif it breaks 174.7 chances to see levels marked in the chart (but it has showed a support in this region previously )
EXIDEIND READY TO FLY CONFLUENCE OF TREND LINE AND MAJOR SUPPORT.
GOOD BUY ABOVE 180
WITH STOP LOSS OF 170 ON DAILY CLOSING BASIS
TARGET 200-218 PLUS
# 6 Positional sell setup Exide industries1) 200 day moving average
2) consolidation breakdown
3) support zone breakdown
4) Trend line breakdown
5) Inverted flag pattern formation
EXIDE BUYING OPPORTUNITY Stock is around its 30WMA & dynamic support line. Future of this stock is good.look at the heavy volumes too.
Buy around 175-186 having SL of given Red line & Target green lines
#MATraderz BULLISH CYPHER PATTERN - EXIDE TGT OF 200-210+#MATraderz
BUY EXIDE @ 185
STOP @ 174
TGT @ 187/195/209/215
PRZ: 210-220 RANGE
IDEA:
HEDGED STRATEGY
BUY 180 CE APR SERIES
SELL 185 CE APR SERIES
Support zone in ExideIndExide Industries is showing a RSI bullish divergence on 2 hr timeframe; it took support close to the TL and has bounced, may probably retrace again before showing bullish breakout. Can buy in dips from 187 till 179, SL 173 ( can vary according to risk appetite) for targets of 198, 208.
EXIDEND Ready for reversal. Swing target 220.5EXIDEND Ready for reversal. Swing target 220.5. Just for Knowledge
LongTermInvestExideInd after a years of downtrend broke out near 185 and made high of 221 and retracing now. Those who love trading pullbacks; here is one stock with a strong upside potential.
Points to watch: Multiyear trend change on weekly charts. Would be a great idea to add in multiple trenches near 185/175/166 for slightly longer term view with SL = 144. I prefer doing beta hedging against holding and hence SL is wider and one need to take care of position size with 2-5% max loss per trade rule.
#EXIDEIND #BANKNIFTY #NIFTY #TRADING #BANK #FINANCIAL #INVEST #EXIDEIND
CMP 185.80
Target 220++
May Hold After Target Reached.
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NSE:EXIDEIND
