EXIDEIND - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis – EXIDE Industries (EXIDEIND) IntraDay Trade Rating: 3.7

EXIDEIND presents a mildly favorable opportunity for intraday trading based on balanced technical and volume indicators. While fundamentals show modest growth, momentum appears constructive, if not aggressive.

🔍 Technical Pulse Check

RSI: 55.5 → Slightly bullish; neither oversold nor overbought.

MACD: 0.65 → Positive but flat; lacks strong directional thrust.

Volume: 22.95L vs Avg 18.82L → Above average, signaling intraday participation.

Price near DMA50 & DMA200 → Trading between key moving averages; range-bound behavior likely.

💸 Intraday Trade Setup

Entry Target Stop Loss

₹388–₹391 ₹396–₹399 ₹384

🎯 Strategy: Buy on dips around ₹388–₹391, ride toward recent intraday resistance near ₹400. Avoid holding through volatility above ₹400 unless momentum breaks out.

⏱ Already Holding During Today's Session?

If you're already long

Consider Exiting If

Price moves into ₹396–₹399 range with volume >25L and RSI approaches 58–60.

MACD ticks upward, signaling trend continuation.

Cut Loss If

Price drops below ₹384.

Volume dries up <15L and RSI pulls back below 52.

MACD flattens or trends negative intraday.

🧠 Final Take

EXIDEIND is showing steady hands but not explosive momentum today. It's a candidate for range scalping with tight risk controls. Fundamentals suggest modest profitability, and price action hints at short-term accumulation, not breakout.

Want help charting this in candlestick view or scanning similar trades from the auto components sector? I’ve got your trading radar covered.

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