there are two chart of Exide Industries.
In a first chart: EXIDEIND is moving in a well defined parallel channel and currently trading near at support 365-375 range
In the second chart,EXIDEIND is respecting support at both the monthly pivot and the supertrend indicator, with the support zone positioned between ₹365-₹370.
EXIDEIND is currently sustaining below both the monthly and weekly pivot levels at ₹290. As long as the stock does not break above this pivot zone, the momentum is expected to remain weak.
If this level is suatin then ,we may see higher prices in EXIDEIND.
Thank you !!
In a first chart: EXIDEIND is moving in a well defined parallel channel and currently trading near at support 365-375 range
In the second chart,EXIDEIND is respecting support at both the monthly pivot and the supertrend indicator, with the support zone positioned between ₹365-₹370.
EXIDEIND is currently sustaining below both the monthly and weekly pivot levels at ₹290. As long as the stock does not break above this pivot zone, the momentum is expected to remain weak.
If this level is suatin then ,we may see higher prices in EXIDEIND.
Thank you !!
Nota
The monthly and weekly pivot level is ₹390, not ₹290 — it was a typing error earlier. Apologies for the confusion.
@RahulSaraoge
Connect us at t.me/Fivecirclesofficial
Connect us at t.me/Fivecirclesofficial
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.
@RahulSaraoge
Connect us at t.me/Fivecirclesofficial
Connect us at t.me/Fivecirclesofficial
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.