Exide Industries Limited stock forum
As of May 30, 2025, here are the monthly support and resistance levels for Exide Industries Ltd (NSE: EXIDEIND) based on various technical analysis methods:
📊 Current Price Snapshot
Last Traded Price: ₹386.85
Day’s Range: ₹383.15 – ₹390.20
52-Week Range: ₹328.00 – ₹620.35
Volume: 1,888,195 shares
VWAP: ₹386.58
Market Capitalization: ₹32,882 crore
Beta: 1.37
Dividend Yield: 0.52%
Book Value per Share: ₹162.65
Upper Circuit Limit: ₹427.65
Lower Circuit Limit: ₹349.95
Face Value: ₹1.00
🔧 Monthly Support & Resistance Levels
Standard Pivot Points
Pivot Point: ₹384.23
Resistance Levels:
R1: ₹416.72
R2: ₹444.83
Support Levels:
S1: ₹356.12
S2: ₹323.63
Fibonacci Pivot Points
Pivot Point: ₹356.12
Resistance Levels:
R1: ₹379.27
R2: ₹393.57
R3: ₹416.72
Support Levels:
S1: ₹332.97
S2: ₹318.67
S3: ₹295.52
Camarilla Pivot Points
Pivot Point: ₹356.12
Resistance Levels:
R1: ₹357.31
R2: ₹362.86
R3: ₹368.42
R4: ₹385.08
Support Levels:
S1: ₹346.19
S2: ₹340.64
S3: ₹335.08
S4: ₹318.42
📈 Technical Indicators Summary
Relative Strength Index (RSI): 55.32 (Neutral)
MACD: 0.333 (Bullish)
ADX: 16.63 (Indicates a weak trend)
Stochastic RSI: 55.28 (Neutral)
Supertrend: ₹384.44 (Bullish)
Parabolic SAR (PSAR): ₹385.89 (Bullish)
🧭 Trading Outlook
Trend: Neutral to Slightly Bullish
Recommendation: The stock is trading near its monthly pivot point, indicating a neutral stance. Traders should monitor for a breakout above R1 (₹416.72) for bullish confirmation or a breakdown below S1 (₹356.12) for bearish signals.

#EXIDEIND
Trend: Strong uptrend from January to June 2024, followed by a corrective phase. Currently consolidating with signs of a potential reversal.
Chart Pattern: Double Bottom pattern with a breakout above ₹490, signaling a possible trend reversal.
Candlestick: Strong bullish candle today (+5.42%) with no upper wick, indicating strong buying pressure.
Price Action: Support found at 460. Breakout above ₹490 shows buyer strength and momentum.
Volume: Significant volume spike (13.69M), confirming the breakout strength.
Buy Entry: Consider buying around ₹490-500 for potential upside.
Stop Loss: Set a stop loss below 460 (key support level).
Target: Initial target around 540, with potential to reach *580-1600 if momentum continues.
