# 15 LONG Exide for 30 - 40 Trading Sessions

3 jul 2020

EXIDEIND

Reason Being:
1. Formation of Triangle pattern and Upper Breakout with Volume Confirmation
The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.

Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Target Price: 170 and 185
View Negated Below: 145

#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.