NeeteshJain
Long

Exide Looks Excited with Positive Breakout from Consolidation

BSE:EXIDEIND   EXIDE INDUSTRIES LTD
After 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
Here is the free link to access my free Telegram Channel: W-Traders (Social) https://t.me/Wtraders
entire auto sector is looking at all time new highs. battery manufacturers have been under performing considerably.
Great find of an early trend in an otherwise boring stock.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out