EXIDEIND Weekly Chart Analysis

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EXIDEIND Weekly Chart AnalysisEXIDE INDUSTRIES LTDNSE:EXIDEINDpassionate_trader07EXIDEIND 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