Trade ideas
Exide with Potential UpsideDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Exide gave good breakout with volume it should move upside from current price. After plotting Elliott waves we can see its in wave iii so There are two possible trades
Short term trade: long near 180-82 Stop loss 169.5 for target 195
Positional trade: long near 180-82 Stop loss 154 target 226 in wave iii and 245 in wave v
EXIDEIND 1HRTHE STOCK IS IN BULLISH TREND BEFORE IT GAVE A BREAKOUT OF THE BULLISH W PATTERN THEN IT WAS CONSOLIDATING IN A RANGE TOMMORROW
IT MIGHT BREAK ITS RANGE
BEST BUY WILL BE ONLY ABOVE 190 PLUS NOT BEFORE IT
ONE CAN GO FOR THE TARGETS MENTIONED IN THE CHARTS.
Exide Good buy for Investment.I am sharing Exide for the long term investment .
Keep in mind that it is a vision on a monthly chart, so it probably has a time horizon of years.
It generated a great bullish momentum from 2016 - 2018.
After this rise, we see a great corrective process that lasted from 2018 -2020
Now its rebounding.
So it may be a good buy for the tgt of 200/222/244/270
Good Buying Zone may be 160-170
Disclaimer: Ideas for learning Only.
Learn Regularly. NOT Occasionally.
ENTRY OR HOLD MORE - EXIDE EXIDE ENTRY
TARGET 1 193, TARGET 2 197
STOP 181
disclaimer - trade @ own risk - for study purpose only.
Exide IndustriesBuy above 178.50
Target: 192, 208, 232+
SL: 161
Time Frame: 3-5 Months
Risk is yours and Reward is too yours totally.
ExideIND viewBuy exideind around current cmp i.e 186.5 and till dips around 180...stoploss will be 167...for a target of 200..207..220++
Consolidating Presently consolidating around resistance line. May break out which is above 196, in a couple of weeks.
Exide Industries Re-entering its upward trendline - BULLISH VIEWExide Industries Limited is an Indian storage battery producing company. It is the largest manufacturer of automotive and industrial lead-acid batteries in India and the fourth-largest in the world. The fundamentals of the company are great. As per technical analysis, it has been in a primary upward move since march lows and after the recent downfall, it has again re-entered into its primary upward trendline and is supported by MACD and ADX positive signals, one can have a bullish view on it.
EXIDEIND Cup & Handel Break OutExideind Cmp 185
Cup & handle Break out with volume can test 200-220-235
EXIDEIND breaksout of wedge with super high volumesthe stcok breaks out of wedge pattern with very high volumes......a good buy for handsome returns...
exide industries looks super strongon the first note exide industries has broken its long term term bearish channel. stock was in 2years of bearish phase.
after breaking from its long term channel stock has made ascending triangle and now it has broken upside with good volume. this gives a confirmation that stock may rise in coming days.
my first target for short term is 205
one can hold for long term with trailing
EXIDEIND - Volume BreakoutEXIDEIND given a volume breakout above its log term resistance. Entry, SL, Target updated on chart.
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
EXIDEIND LONGAbove 180
BO after 6 month consolidation
Support @ 150-140
weak below 140
above all important moving average
