Exipeind analysis for tomorrow just for educational purpose, trade at your own risk
Todays budget has given special provisions to battery companies. So I have a positive outlook for the same. I am hoping to see a positive up move from here in Exide. It has taken support and given a confirmation candle as well. From here Risk to Reward should be in our favor. Please comment what else you will like to see in my post.
Higher High in long term chart with volume Weekly time-frame Rising RSI
> EXIDE INDUSTRIES > CMP - 189 > Chart Analysis >
by price-action, Exide seems to be going above 200, refer chart for more clarification.
As you can see weekly is bullish. So is daily. It is for another impulse.
EXIDE INDUSTRIES NSE:EXIDEIND : Time Frame(TF) : Weekly , wait for the price to come @ 180 and then buy on 200 MA Support level . Reason to buy : 1. Took a retest on fib retracement level of 23% 2. Supply level strong 200rs level , major confirmation after that . 3. Major battery companies showing momentum...
Consolidation is a phase when a stock or an index trades within a range. The trend is said to be sideways and may vary depending on the circumstance. Once this range is broken, it may lead to bigger moves, but until the range is intact, the movement cannot be clearly predicted.
EXIDE INDUSTRIES as per day chart analysis Stock ABOVE 183 TARGET 186 Happy Profitable Trading to all...
NSE:EXIDEIND ✅ #EXIDEIND - Trading above Resistance of 192 ✅ Next Resistance is at 1772 ✅ Pattern as shown in chart Related chart: 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...
Exide short-term target is 100, because it has formed rounding bottom pattern
Exide looks strong on weekly chart by breaking falling trendline resistance with good volume jump and breaking Bollinger upper band too and gives a bullish closing on above both so that we can see coming bullishness in this counter. Cause of long-: 1- Falling resistance breakout. 2- Bollinger bands breakout. 3- Volume breakout.
This chart has given the head and shoulder breakout in weekly time frame and ready for the target 216. SL should be below the breakout candle. Disclaimer: All information is for educational purpose only.
The price has bottomed out and reversed from Multiyear Support at around 130-135 INR. Broke the previous High on the Daily timeframe and then proceeded to break the Channel pattern on the upside. Breakout created a new high (175 INR, which is also 200EMA level on the weekly timeframe) & Retraced (Failed breakout). Retraced and consolidated and then gave a...
Exide Industries Ltd. ABOUT Exide Industries Ltd is primarily engaged in the manufacturing of storage batteries and allied products in India. KEY POINTS Storage Batteries Segment (74% of revenues) The company is the leading storage batteries manufacturer in India and with a leader in almost all categories in the Automotive, Industrial, and submarine...
share name : exide industries call type : positional or investment - share is forming a double bottom pattern with bullish divergence, morning star on c point - expanding wedge on bigger time frame - we can accumulate this share at this level and wait for breakout above b point, then we can see targets of 284(bearish bat ) or 414 (bearish crab) - stop loss...
NSE:EXIDEIND break bearish trend line and gave higher high and lower high Target 1= 218 Target 2= 248