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
EXIDEIND trade ideas
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.
re entry Exide between 210-212 with sl 207 positive reversal
entry between 210-212 with sl 207
target 221 # 230 # 240 ( as per pol n flag)
38% fib rejection
EXIDE INDUSTRIES "WEEKLY BREAKOUT"Buy At Cmp 214.4
Add Some If Price Drops To 200-205
Strict SL - 187 (Day Closing Basis)
Target - 245-250++++
breakout tradebreakout for targets to 236 and above
stop below 207
deeper 194
disclaimer - trade @ own risk
long Exide
Handle and cup weekly
Ascending triangle on weekly RSI
Good volumes
weekly rsi took 60 support
probablity of breaking 200-210 good resistance and flip level
broken out avwap resistance
Breakout has confirmed with EXIDEINDA strong resistance zone has broken in EXIDEIND. Good for swing trade or a long-term investment.
price may test at the bottom level based on the trend line.
*only for educational purpose
Exide India - Breakout on weekly TFNote: This is for educational purpose only and please do not trade in F&O.
There seems to be a breakout with good volume on "weekly" time frame. The breakout has happened since September 2019. There seems to be a breakout on RSI as well.
SL: 180₹
Exide industries ltd looking bullish as you look in the 5 year chart my point of view excide industries is bullish in the up coming days. this for tutorial not for investment .
