EXIDEIND trade ideas
ExideIND long short termI hope you can now see how ExideIND represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Exide Industries 4Hrs Chart only for educational purpose
NSE:EXIDEIND
Exide Industries Ltd. taking strong support and expecting reversal after long consolidation in stocks.
Downtrend: Now we have strong supports in Exide Indu, between 171 to 170 / Next Strong Support 160 to 150
Upwards: We have Three more strong resistance 180 /186 /195
My Targets (do not take any trade by my analyses)
• 1st Target 175
• 2nd Target 180
• 3rd Target 185
• 4th Target 190
• 5th Final Target 195
I have also provided some Support and resistance area above chart you can see.
Friend please analyses before taking any action do not depend on my analyses it’s just for education purpose only and follow the proper risk management. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.
EXIDE | Range breakout. Potential to earn 25% TO 30% Range breakout strategy:
CMP: 179.85 (good above 184.5)
SL: 170
Target: 239
( Targets calculated on basis of Fib.)
I am not a SEBI registered analyst. My studies are for educational purpose only. Please consult your financial advisor before trading or investing.
Happy trading !!!
[POSITIONAL] EXIDEIND LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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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 “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Breakout and retest done, could move to north from hereon
Target : 200/208/215/225/235
SL : 179
Reason : Exide Life stake sale boosts EXID balance sheet considerably, with overn Rs 60b worth of stake in HDFC Life now available at its disposal. With EXID possibly looking to invest in lithium-ion cell manufacturing under the PLI scheme, this monetization of the Insurance business could not have come at a better time.
Invest#ExideInd can fly from here anytime soon. A massive upmove, then pullback, consolidation with volatility contraction. Now the stock is breaking out from a #SymmetricalTriangle breakout. Can test 235 very soon. #PortfolioBuilding #Investment CMP: 182.6
In case stock falls towards 156 its a blind buy without any ask. Could be the stock of the year.