EXIDEIND REVERSAL LongDate : 22-09-2024
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Reversal Bottom (PICK RESEARCH TO OBSERVE)
EXIDEIND Looks Good Above 468
SL 434
Target 480, 505, 531, 556, 632++
Hold Period : Few Weeks to Months
Reason for Pick : REVERSAL, Above 200 SMA
Please consult your financial advisor before investing
All research for educational purposes only.
EXIDEIND trade ideas
Exide Ind retraced 50%Exide Ind one of the leading auto battery manufacturer. CMP 466.
The price has retraced 50% of the recent upside which started in Mid March from 290 level.
Seems ready for upside journey either from 450 (50% retracement) level or 420 level (61.8% retracement) .
Can be accumulated for recent high of 620.
Please do your own study before investin
EXIDEIND can be bought based on daily charts for 40% upside.EXIDEIND can be bought based on daily charts for 40% upside.
On Daily Charts stock is trying to do base formation & possible CUP pattern to get developed breakout of which will give Targets of 700 from current Levels.
LTP - 496
SL - 445
Targets - 700
Timeframe - 8-10 Months
Happy Investing.
Short Term Swing Trading Idea in Exide Industries for 25% UpsideHi,
NSE:EXIDEIND has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily, Weekly and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Exide - moving towards ATH Exide Industries has reached ATH. We can expect the price to move towards 575-700. Other factors:
1. Volumes are increasing
2. RSI is above 60 showing bullishness in stock
3. MACD is becoming positive
4. Highest TTM net profit
"Clear Charts, Easy Charts"
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Cheers!!
Exide Industries: Flag and pole PatternExide industries is forming a Flag and Pole Pattern and consolidating. If it breaks, Entry ~ 486 (Candle Close), Target 1: 540-550, Target 2: 575-585 and Target 3: 620-630, SL: 429
Positional Trade: Long period
Disclaimer: Study only for Educational Purpose.
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EXIDEIND - Long Setup, Move is ON..NSE:EXIDEIND
✅ #EXIDEIND trading above Resistance of 527
✅ Next Resistance is at 668
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Exide Industries Ltd - Breakout Setup, Move is ON...#EXIDEIND trading above Resistance of 527
Next Resistance is at 595
Support is at 445
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Exide Industries Ltd - Breakout Setup, Move is ON...#EXIDEIND trading above Resistance of 415
Next Resistance is at 527
Support is at 304
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.