EXIDEIND Weekly Chart Analysis – Breakout Brewing?
Published: 7th June 2025
Current Price: ₹393.30 | +0.55% Today
⸻
Key Chart Highlights:
• 1D FVG Zone Cleared: Price has broken out above the fair value gap, hinting at strength
• Downtrend Broken: Price action has closed above descending resistance
• PE Target Done: ₹336.65 (Previous Put target) successfully hit
• New Target: ₹620.35 (Weekly chart target zone)
⸻
Market Bias:
As long as the price sustains above the ₹375–₹385 range (FVG base), bullish momentum is likely to continue.
If holding longs:
Trail SL below ₹372
Targeting next swing high zones: ₹472 → ₹520 → ₹620+
If rejected back below ₹375:
Wait for confirmation, as a drop may retest ₹336 again.
Summary:
A solid technical setup for positional traders – price attempting a trend reversal from the base with clear upside levels mapped.
Disclaimer: Educational purpose only. Not a recommendation. Do your own research.
12:26 PM
Published: 7th June 2025
Current Price: ₹393.30 | +0.55% Today
⸻
Key Chart Highlights:
• 1D FVG Zone Cleared: Price has broken out above the fair value gap, hinting at strength
• Downtrend Broken: Price action has closed above descending resistance
• PE Target Done: ₹336.65 (Previous Put target) successfully hit
• New Target: ₹620.35 (Weekly chart target zone)
⸻
Market Bias:
As long as the price sustains above the ₹375–₹385 range (FVG base), bullish momentum is likely to continue.
If holding longs:
Trail SL below ₹372
Targeting next swing high zones: ₹472 → ₹520 → ₹620+
If rejected back below ₹375:
Wait for confirmation, as a drop may retest ₹336 again.
Summary:
A solid technical setup for positional traders – price attempting a trend reversal from the base with clear upside levels mapped.
Disclaimer: Educational purpose only. Not a recommendation. Do your own research.
12:26 PM
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.