EXIDE INDUSTRIES LTD stock forum
EXIDEIND hope if someone followed my view earned good money in this today with all pe sideEXIDEIND its a simple story in market when every one says buy it and gives good target most of the times stocks falls
EXIDEIND Delivery Buy EXIDEIND Above 447 Stop Loss 425 Targets 465-490
EXIDEIND #EXIDEIND
Trend: Strong uptrend from January to June 2024, followed by a corrective phase. Currently consolidating with signs of a potential reversal.
Chart Pattern: Double Bottom pattern with a breakout above ₹490, signaling a possible trend reversal.
Candlestick: Strong bullish candle today (+5.42%) with no upper wick, indicating strong buying pressure.
Price Action: Support found at 460. Breakout above ₹490 shows buyer strength and momentum.
Volume: Significant volume spike (13.69M), confirming the breakout strength.
Buy Entry: Consider buying around ₹490-500 for potential upside.
Stop Loss: Set a stop loss below 460 (key support level).
Target: Initial target around 540, with potential to reach *580-1600 if momentum continues.
EXIDEIND Exide Industries Limited (EXIDEIND), here are the key levels
just keep on your eyes on this stock
Support Levels: ₹480, ₹470
Resistance Levels: ₹500, ₹510
The stock is currently trading around ₹494.55
EXIDEIND Add this stock range btw 492.25 - 499.15
EXIDEIND according to me 560 is good entry price
EXIDEIND gave 50% up move in a month
EXIDEIND 338 is target for 3 month candle
EXIDEIND low risk setup 3%(1:3)breakout retest- resistance become support.
