Resistance Breakout in EXIDEIND,Head n shoulder breakout in daily TF,
Auto sector index also good breakout
E= 193.5
S= 180
T= 218
R:R= 1:2
EXIDEIND trade ideas
Swing Opportunity in Exide InsustriesGo Long above 194 for a Target of 210 with SL 181
Reasons to go Long :
1. The stock formed a bullish chart pattern 'Inverse Head & Shoulder', and today it closed above the neckline.
2. Also it broke neckline with heavy volumes.
Exide looks bullish#positional
Exide ind former inverted head and shoulder pattern and broken it with a huge volume, giving strength for upside. Keep this in watchlist and trade as per the charts
EXIDE INDUSTRIESExide Industries looks good for long as the trend of the same is uptrend and also respecting the trendline so it can be bought at cmp 183.50 for the targets 191 / 201 / 211 plus with a strict sl of 169 for a short to medium term
All charts posted here are only for EDUCATIONAL PURPOSE.
Before making any Trading Position kindly consult your Financial Advisor.
Exide industries to take long longExide industries at the BO level . Long after the Bo of TL above 193 TGT 212 SL 186. Good volume seen today. This is for your educational purpose only.
Exide IndustriesDisclaimer : Only for educational Purpose,not a stock recommendation
Trading is an art, learn the art!!!
#stockInvestment
EXIDEINDEXIDEIND daily H&S BO...
Weekly chart also looks bullish..
May complete his pattern on weekly TF...
Exide Ind. - CMP: 193The Stock has given Head -N- Shoulder breakout. All oscillators are in positive bios. We can expect price movement till 215 in the near term.
EXIDE IS SHOWING GUD SWINGAS YOU CAN SEE EXIDE BATTERIES FORMING INVERTED HEAD AND SHOULDER PATTERN AND IT CAN GIVE YOU A NICE BREACKOUT
BUYConsolidsting in a broader channel
Strong structure
High volume bars
Cheap to buy on strong valuation
Go long for Exide Ind.Here we have observed that Resistance has acted as strong support. Once the daily resistance get broken successfully. We can see this stock to fly till 234.
Thanks
Sagar
Exide - LongExide has found support from the previous BO level. Above 191 the stock can touch 210-215 levels
