EXIDEIND trade ideas
#MATraderz BULLISH CYPHER PATTERN - EXIDE TGT OF 200-210+#MATraderz
BUY EXIDE @ 185
STOP @ 174
TGT @ 187/195/209/215
PRZ: 210-220 RANGE
IDEA:
HEDGED STRATEGY
BUY 180 CE APR SERIES
SELL 185 CE APR SERIES
Support zone in ExideIndExide Industries is showing a RSI bullish divergence on 2 hr timeframe; it took support close to the TL and has bounced, may probably retrace again before showing bullish breakout. Can buy in dips from 187 till 179, SL 173 ( can vary according to risk appetite) for targets of 198, 208.
EXIDEND Ready for reversal. Swing target 220.5EXIDEND Ready for reversal. Swing target 220.5. Just for Knowledge
LongTermInvestExideInd after a years of downtrend broke out near 185 and made high of 221 and retracing now. Those who love trading pullbacks; here is one stock with a strong upside potential.
Points to watch: Multiyear trend change on weekly charts. Would be a great idea to add in multiple trenches near 185/175/166 for slightly longer term view with SL = 144. I prefer doing beta hedging against holding and hence SL is wider and one need to take care of position size with 2-5% max loss per trade rule.
#EXIDEIND #BANKNIFTY #NIFTY #TRADING #BANK #FINANCIAL #INVEST #EXIDEIND
CMP 185.80
Target 220++
May Hold After Target Reached.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
NSE:EXIDEIND
exide ind near 200maNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Exide Industries- 200 ema support and 38.2% retracement#exide #industries
Cmp 183.55
Looks good on charts
At 200 ema support and 38.2% Fibonacci retracement.
Can expect some buying at these levels
SL a candle close below 200 ema, 179
Stock Looks positive
exide buyBut from cmp to 188
tg 195
Disclaimer : This is my personal analysis for study purpose not intended for trading
EXIDEINDEXIDEIND has given breakdown of supportive trendline, but it may turn into false breakdown and can again start moving upside. If it starts falling, it can be seen trading near its support zone soon.
(for educational purpose only, do not invest without your own research)
Exide Industries chart AnalysisExide Industries cmp 203
View - at Breakdown level
Sell Below 198 Target 187-175
or
Buy above 211 Target 220 -230
MACD and RSI - Downward direction
exide going to go to 300 levels soongood swing 10% gains it gives
quite a nice move
also electric vehicles will give a boom to exide industries
a stock for future
buy at support sell at resistance
Exide IndustriesExide has retested the support level and moving forward, This should cross 230 this time.
EXIDE INDUSTRIESEXIDE INDUSTRIES
Good to buy above 206 closing.
Once closed above breakout line stock may head for 221-229-233.
View negated below 198.
