EXIDEIND trade ideas
exide ind near 200maNote:
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Exide Industries- 200 ema support and 38.2% retracement#exide #industries
Cmp 183.55
Looks good on charts
At 200 ema support and 38.2% Fibonacci retracement.
Can expect some buying at these levels
SL a candle close below 200 ema, 179
Stock Looks positive
exide buyBut from cmp to 188
tg 195
Disclaimer : This is my personal analysis for study purpose not intended for trading
EXIDEINDEXIDEIND has given breakdown of supportive trendline, but it may turn into false breakdown and can again start moving upside. If it starts falling, it can be seen trading near its support zone soon.
(for educational purpose only, do not invest without your own research)
Exide Industries chart AnalysisExide Industries cmp 203
View - at Breakdown level
Sell Below 198 Target 187-175
or
Buy above 211 Target 220 -230
MACD and RSI - Downward direction
exide going to go to 300 levels soongood swing 10% gains it gives
quite a nice move
also electric vehicles will give a boom to exide industries
a stock for future
buy at support sell at resistance
Exide IndustriesExide has retested the support level and moving forward, This should cross 230 this time.
EXIDE INDUSTRIESEXIDE INDUSTRIES
Good to buy above 206 closing.
Once closed above breakout line stock may head for 221-229-233.
View negated below 198.
Exideind Fibo+EMAs+Multitimeframe In 1 day stock is nearby its lower trendline, Currently took support from 50Daily EMA as shown on 1st chart. Also got some demand from the Demand zone. Breakout with high volume.
In 2Hrs timeframe it has completed 38.20% retracement and also supported by 200 ema.
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
EXIDEIND - WATCHOUT FOR BREAKOUT Breakout visible in weekly chart
Consolidation below 205 in daily chart would give more strength on break out
Good to buy above 210 for short term target of 230
Risky traders can fix the SL at 186
Exide Industries || Support + Retest || Channel PatternCheck the chart for proper levels and analysis.
#Exideind cash : Looks good support at 208#Exide ind cash
17.02.2021
Support at 208.. Can bounce to 218/228
Cmp 209.50
EXIDE INDUSTRIES Trading SetupLong term chart. On weekly basis next resistance at the given target, so can move till that level.
