singajai

Exide Industries : H&S pattern on 15 min chart

Short
singajai Updated   
NSE:EXIDEIND   EXIDE INDUSTRIES
#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)
Trade closed: target reached:
Hi the support target 156.65 and Breakout 160 both

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