exide ind at support, reversal expected.

Aktualisiert
in weekly, hammer formed at horizontal support

also hidden bullish divergence seen in weekly, Snapshot

in daily, regular bullish divergence seen Snapshot

sl - 193 tgt1 - 220, tgt2 - 250
Trade ist aktiv
exide moving up as expected, closed at 226.05.
Trade ist aktiv
BB is expanding in daily and candles are riding the upper BB Snapshot
Trade ist aktiv
descending channel breakout in daily with good volume, now it is trying to retest the breakout level. Snapshot
Trade ist aktiv
price still consolidating at the support zone.
Trade ist aktiv
after a long consolidation, exide ind showing strength, BB is expanding and candles are riding the upper BB, Snapshot
Anmerkung
1st tgt of 220 achieved here
Trade ist aktiv
2nd target of 250, already achieved here, cheers...

cmp - 278.80, imp resistance at 250 got broken with good volume, currently it is in strong uptrend. follow up chart -
Snapshot
Bullish DivergenceHammersupportSupport and ResistanceTrend Analysisuptrend

Haftungsausschluss