EXIDEIND | Weekly Chart | 5.5years Multiyear BO | ATH BO
Chart analysis in Weekly time frame:
Pattern: Basing pattern is formed in 5.5 years.
Breakout: BO of ATH and Basing pattern and re-test of breakout is also performed.
Volume: Volume spike is there during BO and the volume is above Moving Average.
Trade setup:
Entry price: 345.7
Stop loss: Below previous ATH 304.7
Target 1: 369.3
Target 2: 407.55
Target 3: 469.4
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Pattern: Basing pattern is formed in 5.5 years.
Breakout: BO of ATH and Basing pattern and re-test of breakout is also performed.
Volume: Volume spike is there during BO and the volume is above Moving Average.
Trade setup:
Entry price: 345.7
Stop loss: Below previous ATH 304.7
Target 1: 369.3
Target 2: 407.55
Target 3: 469.4
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.