EXIDEIND trade ideas
ACCUMULATE EXIDE BETWEEN 201 - 210 , BREAKOUT ABOVE 210.10NSE:EXIDEIND
EXIDE IND STRONG VOLUME, CAN BE ADDED AND ACCUMULATED
ABOVE 210.10 BREAKOUT
USE DIP UPTO 201
SL 190 HOURLY CLOSE.
TGT 222 229
Exide is on a good run but now at strong resistanceExide Industries has shown a great run on daily charts. But now it is at a point where it could face resistance as it did historically.
I have indicated the resistance points on the chart.
Keep this on the radar. If this level is broken, the move could be huge!
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NSE:EXIDEIND
Exide Industries - Weekly Exide Industries - Weekly
Stock currently trading at multi year resistance, Crossing it will become support
Weekly close and now trading above 200 EMA, huge accumulation clearly shown in volume at 160-170 levels
one can buy only above 198 on closing basis for intermediate targets of 230-240.
Note- Weekly chart should be considered for 3-6months time span
EXIDE LONG TILL 200+BOUGHT AT 190 CMP WITH SL OF 188 ON CLOSING BASIS FOR TARGET OF 200+ .............RISK REWARD RATIO 1:5
EXIDE - BUY SETUP FOR 30 DEC 2020Price 193 holds a strong resistance for Exide , if it breaches it in the opening and sustains then we can expect upper levels.
Look for buying opportunity at buyzone 1.
Exide Industries - Buy on DipsChart is self explanatory.
Note - This is only for educational purpose.
Exide Industries breakoutExide industries i showing signs of a breakout on short term chart.
Keep on radar and take a call after confirmation candle.
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NSE:EXIDEIND
EXIDEIND is in making for very Big towards 205/265/300Weekly breakout with Good volume ... Very good sign for investment in mid to long term investment... Do the pyramiding, intraday traders utilize the movement in the stock and Safe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3. Learn before executing the trade..
4. To learn more about patterns and trading... contact us.. Thanks..
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Note: Reposting since my earlier post is hidden due to contact info added in wrong area.
