EXIDE MAY GIVE BREAKOUT, TRADING NEAR SWING HIGHExide made a high of 175 in previous session which is swing high as well. Looking at the momentum and volume, a breakout may come. Breaking 175-176 will bring target of 182, 193.
EXIDEIND trade ideas
exide can buy isf break 173.60 sl is 145exide can buy isf break 173.60 sl is 145 for sweing and short term
EXIDE: Running out of ChargeRs 174 , could that be a double top near the long drawn falling trend-line resistance?
INTRADAY EXIDEIND SHORTAs indicated on the chart, the price has sharply reversed from the current levels down to the support line. I am expecting the price to do the same this time around and reverse to the lower level.
Strategy:
Observe for price action at the open and go short at the highest point.
The trade will fail if the previous high is broken, hence that will be the stop loss.
Sell @ 170
SL @ 172
T1 @ 166
T2 @ 168. Giving a decent RR of 2.46.
Exideind#EXIDEIND White Opening Marubozu with volume and strongly riding above cloud. Crossing 170 may invite more upside and views negates below 165.
EXIDEIND - Intraday Trading Setup for 12 Aug 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor only.
#EXIDEIND - 4 hour chart bearishEXIDEIND - Bearish setup
4 hour chart analysis
Harmonics Pattern
Hope my Chart Helps !!!!
Exide Ind EtStockRecoAnand Rathi: Buy target 190
Buy when a bullish reversal bar closing near its high is formed a the trend line. Keep the low of this bar as the SL. Target Trend channel line.
[Turtle] Exide Results BetIdea 1: 155CE Sell 155PE Sell
Idea 2: 145PE Sell
Idea 3: 150 PE Sell 145PE Buy
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act on "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Postional" - means You can carry this positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" - means These are weekly options trades. If I don't explicity write the Expiry, I am talking about current week's only.
"Bounce" - A swing Trading Pattern. Google - "unofficed bounce"
"3BB" or "Entropy" - A Bollinger Band Based System which uses Bollinger Band to screen trade and Price Action to Enter. Google - "unofficed entropy".
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me. You should follow the system I share.
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Like -
Always follow a stop loss.
In case of Intraday trades, it is mostly the "Day's High".
In case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. My trades are live in my forums, in comments, on Youtube. You can tail me if you want to do so.
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I will keep adding this description and it will be the same or similar in most of the trades I post.
Exide_6% upside profitDate: 18 July 2020
Exide Industries (CMP 159.80)
Double Bottom and Flag pattern can be seen in the chart. Price trading well above 20 DEMA and 50 DEMA.
Target 170. If 170 is achieved then next target will revised at 180.
T1- 163, T2-166, T3-170; SL-155
PCR = 0.41; Max OI at 160 CE (12.31 Lacs), 165 CE (7.02 Lacs) and 170 CE (7.07 Lacs).
Exide - Hidden Divergence + Hanging ManHidden Divergences indicate the uptrend in price should continue.
The price action candle pattern supports the hypothesis.
So unless, its a super Bearish Market tomorrow, it should be a good trade!
Go Long above 154.5 for 156, 157, 160 (if it sustains above 157.3 - 50 DMA) with SL at 153
Exideind short term setupAccording to CPR concept we can see good movement on downside.
Target would be 151/149/148. Invalid above 156
Exide Industries - Intraday Trading Setup for 27 July 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor.
EXIDEIND Setup for Monday 27 July 2020 (Intraday)Analysis Methodology:
1. Trend Line
2. Support/Resistance or Supply/Demand
Caution: Choose by self analysis and confirmation.
