One Minute Analysis of Exide IndustriesI think this video will be useful to my followers.
I put my time to show you my view on the exide industries.
All the levels are labeled in the chart. Any query? do write in the comments.
Thank you.
Disclaimer:
The information provided in this stock analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and you should consider seeking advice from a qualified financial advisor before making any investment decisions. The author of this analysis does not hold any responsibility for any losses or gains made by any reader. Always conduct your own research and due diligence before making any investment decisions.
Exide
Exide - Elliott Wave CountExide - Elliott Wave Count
Exide seems to have completed its correction and started a new upward impulse wave with a target of 300. However, if the market drops below 240, this view is invalid.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:EXIDEIND NSE:EXIDEIND1! BSE:EXIDEIND BSE:EXID1!
EXIDE - Might excite buyers laterExide 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.
Exide industriesExide 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 positive and Uptick and also above zero line
Macd in hourly positive and Uptick and also above zero line
Upper Bollinger Challenged by PRICE
Rsi in hourly above 60
Adx and DMI Positive
EXIDE - Intraday or Very short term swing tradeThis 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 management
Feel free to comment for any queries & suggestion
EXIDE INDUSTRIES - Ascending Triangle Pattern (Swing/Positional)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 the high of breakdown candle or on high of retesting candle (retesting the recent supply zone and taking it as support) - (ENTRY-2). SL is marked for Entry-2 as well.
This is for short term positional or swing trade.
SL should be trailed accordingly once the trade is initiated.
*This analysis is purely for study purpose, enter the trade at your risk and money management*
Comment for any further queries.
Exide Industries : H&S pattern on 15 min chart#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
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Support : 156.65 and 153
Breakdown : 157.90
LTP : 159.15
Breakout : 160.10
Long Target : 162 and 165
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
Continuation to the UpsideExide 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 pattern.
** This is not a trade advise**
Exide Industries Short setup By elliote +Price Action Breakout Hello friends, Price is becoming narrow in lower value expected to move toward gravity price within days.
you can take Short entry in Exide Industries !!
Thanks
If you want long term analysis then you can check the link below price is moving according to our level thanks!
Exide Looks Excited with Positive Breakout from ConsolidationAfter few weeks of consolidation in rectangle formation, the price action broke out from the rectangle on Wednesday indicated strong buying pressure and thereon the price action remained and managed to close above 184 resistance level for three continuous day. Buyers look excited and shall move prices up.
As per Elliott Waves , there is completion of Regular Flat corrections (ABC) and now the price action is in a Wave 3 of impulsive move.
Target 1: 192
Stoploss 179