EXIDEIND trade ideas
TECHNICAL TREND TRADING FOR EXIDE WITH A TARGET OF 400!Hey everyone, hope u guys are doing well,
as u can see on the chart that exide has almost touched it pre covid stage,
now we are waiting for pullback or retst in both nifty as well as exide!
so we can play to accumulate in the price range of 175-185
& the bet part is your stoploss!
if the price breaks the structure the stoploss get inavlidated
but for area of margin implement ur SL at 160 or below!
thank you!
-Rv The Trader
Exide Ind for long RUNAll breakouts and targets are mentioned on the chart.
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all the above analysis is my own, if anybody keeps an different opinion can also share.
trade on your own risk, analysis is just for educational purpose.
Thank you.
Exide is on a good run but now at strong resistanceExide Industries has shown a great run on daily charts. But now it is at a point where it could face resistance as it did historically.
I have indicated the resistance points on the chart.
Keep this on the radar. If this level is broken, the move could be huge!
Please like and follow.
NSE:EXIDEIND
Exide Industries - Weekly Exide Industries - Weekly
Stock currently trading at multi year resistance, Crossing it will become support
Weekly close and now trading above 200 EMA, huge accumulation clearly shown in volume at 160-170 levels
one can buy only above 198 on closing basis for intermediate targets of 230-240.
Note- Weekly chart should be considered for 3-6months time span