EXIDEIND trade ideas
EXIDE Rising WedgeEXIDE made a sharp move today with 14 times the average volume(on daily timeframe) to reach the top of the wedge on weekly. Awaiting a breakout/reversal on account of results.
Bearish likely sell with huge volumessell at breaking low of previous day and target 3 points stop loss above yesterday high..
sell below low candle breaksMarket may see a down side for a weekend and may cut below 10800 levels so short to target of 5 to 7 points.
Exide - Nicely setup for 300!NSE:EXIDEIND has broken above its previous high with good volume.
Go long above 274.20
T1 - 288.32
T2 - 299.30
SL - 264.80
Exide has turned bullishNext resistance is at 327.50. One may enter with a target of 325 in three months.
EXIDEIND: Buy @ 271.8 SL @ 265.7 TGT @ 281.45EXIDEIND has traded with more then twice the average quantity on NSE with change in OI close to 18%
This is currently trading above ichimoku with price crossing upper Bullinger band.
Signifies a BUY at 271.8 with Stop-loss of 265.7 and Target of 281.45
EXIDE getting ready for next swing?Retested 245 again and there is buying pressure. The market has been sideways for quite some time and open interest suggest there is a negative bias. If price goes up and then retraces to 253 (cloud periphery) it could be good entry point with stop at 245.
ShortTerm Buy - NSE:ExideIndExideInd is in short-term uptrend, can be bought above 262 for a target of 300-320 in 5-10 trading sessions. SL is around 239.
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Long Exideind -Intraday.in daily chart, downtrend arrested, bounced above 25ema (support).
long EXIDEIND..
trigger price: 258
Target : 260/262.
Stoploss: 256.
Exide uptrend with a slight change in direction
I am very new to technical analysis so I'm using this wonderful platform to learn, practice and hopefully apply some strategies to make good trades. This is my first analysis.
Exide has been on an uptrend for a while. It made a downward change in direction but it's still in a good zone and looks like it should go up in the near future. Good time to buy and then sell when it starts touching 280.
Sell in Futures Sell Futures on brake of structure , as its moving in agony , any brake of the previous day low with volume is confirmed short selling for Target as forecast
Sell Exideind 1st target 226 and 2nd target 214 Stop loss of 247Sell Exideind 1st target 226 and 2nd target 214 Stop loss of 247
