This Auto Sector Stock gave a Trendline breakout with good volumes and a retest.
Now we can see a follow up buying in dis.
My Entry, Targets & SL are defined.
JUST FOR EDUCATIONAL PURPOSE. NO RECOMMENDATIONS
Another example of how market structure breaks can be viewed from a perspective of broken expectations of either parties (buyers or sellers). If you were a buyer or seller, where would you be getting involved? Had you gotten involved, would your expectations have been met? If not, how violently were they broken?
There is a bullish flag pattern. look out for a breakout candle tomorrow above the upper flag line. The stock must go up if it breaches the top line with a bullish candle.
view expressed is for educational purpose. Consult your financial advisor before taking any financial decision.
Exide Industries Ltd. engages in the manufacture of storage batteries. It operates through the Storage Batteries and Allied Products segment. The company was founded in 1946 and is headquartered in Kolkata, India.