Exide Industry Weekly Analysis CMP - 176 buy for Target 204-Exide Industry Weekly Analysis
CMP - 176
buy for Target 204- 219- 245-266 -289-305
EXIDEIND trade ideas
exideindstock : exideind
trade : long(cash segment)
buy @ 405 above
sl @ 386
target 1 @ 425
target 2 @ 440
target 3 @ 455
note :
this information for education only
Exide Inds Cmp 319.45 Rectangle BOExide Inds Cmp 319.45 dated 4-4-2024
1. Rounding Pattern & Rectangle Bo @305
2. BO Retest again, so good buy.
3. RSI Divergence
Buy @ Cmp target 330-340-350-355-370-390-400
SL 280
Pattern target 475 SL 260
It is just a view, please trade at your own risk,
Exide gave Good Returns to the Long Term Investors The stock showed single day Biggest move of 10% after Positive News
Long Term Investors can Keep Trailing Stop Loss
After such a big movement the price might come for Retesting
* For Education Purpose
Practice and Learn price action setups
Exide (EXIDEIND) Channel Breakout Alert!🚀 Exide (EXIDEIND) just broke out of its channel at 318 today and surged to 355! 📈 If the momentum sustains, we might witness a more bullish move ahead!
🔍 Technical Analysis:
The recent breakout above 318 signals a potential shift in momentum.
The surge to 355 indicates strong buying interest.
Volume has picked up, confirming the breakout and suggesting increased participation.
💼 What's Next?
Watch for sustained trading above 355 for confirmation of bullish continuation.
Key resistance levels to monitor: 370 and 390.
Support levels: 340 and 325.
📊 Trade Plan:
Conservative Traders: Wait for a pullback and confirmation above 355 before entering long positions.
Aggressive Traders: Consider entering on intraday pullbacks with tight stop-loss below recent lows.
Risk management is crucial. Always use stop-loss orders to protect your capital.
📢 Disclaimer: This is not financial advice. Always do your own research before making any investment decisions. Trading carries risks, and past performance is not indicative of future results.
Exideind Exideind sell the bounce structure if you see any bounce it's selling opportunity and avoid buying side and if you like my analysis then follow me and see my previous analysis
Exide Industries Analysis On 22 Feb 24Exide Industries Analysis ON 22 Feb 24
Double Bottom Pattern Formation
Break Out After 2018
add 25% quantity now
Try To Buy After Bounce Back Above 280-290
Stoploss 250 (On Closing Basis)
Target 335 - 360 - 380 (Short Term Target)
Target for Breakout Range 600
i was not published any ideas before because of banned due to promotion
ExideindGood breakout there in day time frame. Following inverted head & shoulder pattern. It can consolidate a bit on higher level But good upside move possible if sustains above 280 level.
exide bearish butterfly- bearish butterfly pattern in weekly as well as daily chart
- as per the pattern it reaches the D point
- if selling continuous the stock may fall further
- It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
EXIDEIND | Weekly Chart | 5.5years Multiyear BO | ATH BOChart analysis in Weekly time frame:
Pattern: Basing pattern is formed in 5.5 years.
Breakout: BO of ATH and Basing pattern and re-test of breakout is also performed.
Volume: Volume spike is there during BO and the volume is above Moving Average.
Trade setup:
Entry price: 345.7
Stop loss: Below previous ATH 304.7
Target 1: 369.3
Target 2: 407.55
Target 3: 469.4
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
EXIDE INDUSTRIES EXIDEIND going to break beautiful structure & we can see good up move in coming days
KEEP ON RADAR
Excitement in Exide Industry | Volumes Supporting BreakoutHello Traders and Investor,
We have seen bullish flag kind of pattern in Exide industry, now it has given breakout of previous all time high, and volumes supports this breakout, there is higher probability we can see this trending momentum continuation few more days. Price is above 200-EMA, and earlier we have seen 21-EMA has given crossover of 50-EMA. MACD also has given bullish crossover, All these parameters suggesting a upmove in this Battery Stock. So if any body wants to go long can go with given levels, and let me tell you guy's this is really good fundamentally and technically strong stock with good management and it has really bright future as EV theme. So accumulate accordingly, for trading related levels are already there, for long term just accumulate more if you see dip in stock or do SIP.
About Company:- Exide Industries Ltd is primarily engaged in the manufacturing of storage batteries and allied products in India. The company manufactures batteries for automotive sector like 2 wheeler, 4 wheeler, 3 wheeler, E-rickshaws and H-UPS. It manufactures batteries from 2.5 Ah for 2-wheelers to 260 Ah for Non vehicular. It also manufactures for industrial use from 7 Ah to 3200 Ah for multiple applications and for submarine uses too.
Market Cap
₹ 23,894 Cr.
Current Price
₹ 281
High / Low
₹ 282 / 170
Stock P/E
27.5
Book Value
₹ 147
Dividend Yield
0.71 %
ROCE
10.2 %
ROE
7.28 %
Face Value
₹ 1.00
Debt
₹ 743 Cr.
EPS
₹ 10.2
PEG Ratio
14.7
Promoter holding
46.0 %
Intrinsic Value
₹ 249
Pledged percentage
0.00 %
EVEBITDA
13.4
Change in Prom Hold
0.00 %
Profit Var 5Yrs
1.87 %
Sales growth 5Years
3.32 %
Return over 5years
2.67 %
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
EXIDE INDUSTRIES--BULLISHAll the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
EXIDEIND - Hindsight AnalysisA Higher High Higher Low structure on price action is considered as an uptrend.
- In the weekly chart, identify the first break of Higher High.
- Wait for Higher High retest and enter somewhere close to it.
- Cannot expect a stock to test the exact same value.
- Set SL as previous HL or in cases where there are other lows close by, choose the lowest one.
- Calculate the possible loss assuming the stock hits SL
- If you are OK with the calculated loss, enter.
- Trail the SL at every new Higher Low.
- Wait for breakdown of a Higher Low OR Target
Exide IndustriesExide Industries has given a multiyear breakout after 5 years....
Stock can retest at levels of 300-305
Targets are 375, 406, 430, 456
My view is for long term
Only for educational purpose
Do your own research
Exide Industries LtdEXIDEIND ready to breakout rally may continue concentrate for the short term if the price sustains above 325 in daily
EXIDEIND - Long Setup, Move is ON..NSE:EXIDEIND
✅ #EXIDEIND trading above Resistance of 304
✅ Next Resistance is at 415
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Exide Industries Long8-year long consolidation breakout can be seen in weekly chart of Exide industries. The stock looks good for next 5-6 month period
Exide Industries Ltd - Long Setup, Move is ON...#EXIDEIND trading above Resistance of 266
Next Resistance is at 304
Support is at 214
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
