Pray for EXIDE. can go in the phase of bear market. Formation of head and shoulder chart pattern on monthly time frame. Important range 140-145. If sustains below this level then can test next Fibonacci level of 0.786 at 66.50.
Exide is taking its own sweet time in the downtrend. While it is now at the tip of the strongest support it ever had, it will be perilous if that price range is broken. Will need to observe what it folds like this week. I am expecting the price to bounce back from these levels.
buy can be happening from 155 below are the targets 170, 200, 210 thanks
Exide ind... 1 D good for long, for short term.. Pls analyse your view
Hi All, Here is my Observations on Exide Industries : 1. For many months, Exide Industries is trading in a channel pattern, in all time frames. 2. In a weekly timeframe, its inclining channel from Mar'2020 to Apr'2021. 3. In a weekly timeframe, its declining channel from Apr'2021 to till date. 4. All ups are matching with rising buy volume and all downs are...
The stock has reached lower trend line and took support and is ready for a reversal rally. Trade is supported by brokerage calls.
Exide industry in demand zone can be seen on weekly chart can be considered for long 1st target 189 2nd target 210
The price is about to take support from the trend line, once the retracement done it will ready to move upside.
Exide industries has given Inverted Head and Shoulder Pattern Neckline Breakout Looking Bullish One can go Long with Stop loss of 184.70 All the key levels are mentioned in chart with Stop-loss and Targets Inverted Head and Shoulder Pattern Neckline Breakout Intensity of Volume at Breakout is Good enough Key Levels are Mentioned on chart Macd in daily...
reversal from downward channel moving averages converging
Stock has been very much under performing recently so keep an eye. All levels are mentioned in the chart.
The above analysis is done purely based on price action and chart patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. (This stock was analysed few months ago as well. To check that analysis, see the idea linked below) The logic behind this analysis is explained in image itself. It is a...
This analysis is purely based on price action & chart patterns The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Entry to be made only when reversal sign appears. Don't chase the stock Keep trailing SL accordingly once in trade Trade at your own risk and money...
This study is purely based on Price Action and Chart Patterns. Reasons/Logics for going long is explained in image itself. Trade strategy - For Risk Taking Traders - Entry point would be above the high of next green candle or above 170 level - (ENTRY-1). SL is marked below the double bottom for Entry-1 For Risk Averse Traders - Entry point would be on...
Short Term Cash Buy EXIDEIND @172.70-173.7 SL 168.4 TGT 183 Above VWAP TK cross over + MACD cross over
Downside : If Break 152 and sustain, T1-146, T2-140, T-135 Upside: If Break 154, T1-160, T2-170 Its oversold zone, should move upside.
#EXIDEIND form the Head&Shoulder reversal pattern on 15 min chart. Level 160 is very strong resistance. If level 157.90 will break then stock can see pullback on level 156.65 and if face resistance from 157.90 then bottom target will be 153 while support on 152.35 ---------------------------------------------------------- Support : 156.65 and 153 Breakdown :...
Exide looks like it completed a running flat - a sideways move, after the initial upmove. I expect an upmove next, in the same direction of the first move. I see a low risk , high reward setup here. The initial upside target could be the "b" point of the flat and there is a good chance it can continue moving up after the initial target. Its a classic continuation...