EXIDEIND trade ideas
EXIDEIND is in making for very Big towards 205/265/300Weekly breakout with Good volume ... Very good sign for investment in mid to long term investment... Do the pyramiding, intraday traders utilize the movement in the stock and Safe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3. Learn before executing the trade..
4. To learn more about patterns and trading... contact us.. Thanks..
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Note: Reposting since my earlier post is hidden due to contact info added in wrong area.
EXIDEIND - AT RESISTANCE (MAY BREAK)An ascending triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
Exide with Potential UpsideDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Exide gave good breakout with volume it should move upside from current price. After plotting Elliott waves we can see its in wave iii so There are two possible trades
Short term trade: long near 180-82 Stop loss 169.5 for target 195
Positional trade: long near 180-82 Stop loss 154 target 226 in wave iii and 245 in wave v
Exide Good buy for Investment.I am sharing Exide for the long term investment .
Keep in mind that it is a vision on a monthly chart, so it probably has a time horizon of years.
It generated a great bullish momentum from 2016 - 2018.
After this rise, we see a great corrective process that lasted from 2018 -2020
Now its rebounding.
So it may be a good buy for the tgt of 200/222/244/270
Good Buying Zone may be 160-170
Disclaimer: Ideas for learning Only.
Learn Regularly. NOT Occasionally.