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EXIDE INDUSTRIES LTD.EXIDE INDUSTRIES LTD.EXIDE INDUSTRIES LTD.

EXIDE INDUSTRIES LTD.

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EXIDEIND trade ideas

Exide Charging Up for a Breakout?RSI Cross + Rounding Base = Bullish Setup! 🔋🚀 🔍 Technical Breakdown Pattern: Rounding bottom formation after prolonged downtrend. Momentum Trigger: RSI breakout above 60 indicates fresh buying momentum. Volume: Steady build-up in volume—accumulation phase might be over. 📈 Trade Setup Entry: ₹372–₹373 (current breakout zone) Stop Loss: ₹350.80 (just below recent swing low/support) Target: ₹432.90 (previous supply zone) 📊 Indicators RSI: 61 – strong bullish momentum Volume: Healthy participation visible Structure: Price curling up with consistent higher lows—indicative of strength ⚖️ Risk-Reward RRR: ~1:3 — attractive setup for swing traders
NSE:EXIDEINDLong
by MyT_Trader
Exide Industries xide Industries Ltd is primarily engaged in the manufacturing of storage batteries and allied products in India. Key Points Products The company manufactures batteries for automotive sector like 2 wheeler, 4 wheeler, 3 wheeler, E-rickshaws and H-UPS. It manufactures batteries from 2.5 Ah for 2-wheelers to 260 Ah for Non vehicular. It also manufactures for industrial use from 7 Ah to 3200 Ah for multiple applications and for submarine uses too. Storage Batteries Segment The company is the leading storage batteries manufacturer in India with leader in almost all categories in Automotive, Industrial, and submarine sectors. Lithium-ion foray The company has forayed into this segment through: Exide Energy Solutions Limited (ESSL): It is a WOS set-up in FY22 for lithium-ion cell manufacturing with a total project capacity 12 GWh and project cost of Rs.6,000 crore to be completed in 2 phases. It is engaged in manufacturing of advanced chemistry cells (cylindrical, pouch, prismatic). Also engaged in manufacturing, assembly and sale of battery modules and battery packs. Exide Energy Private Limited (EEPL) WoS of company, carrying the business of developing and manufacturing Li-ion based modules and packs with Battery Management System for e-mobility (EV) as well as stationary power application and having its plant at Prantij, Gujarat amalgamated with EESL with effect from Mar'24. Company invested ~Rs. 75 Cr. (in May'24) in ESSL on rights basis. With this investment, the total investment made by the Company in EESL (including investment made in erstwhile merged subsidiary EEPL) stands to Rs. 2,377.24 Crs. till May'24 . Have a order book of ~Rs 600 - Rs 700 Crs. Mr. Arun Mittal was appoointed as MD & CEO of EESL in May'24. Lithium-ion cell manufacturing facility The company is in the process of setting up a plant for lithium-ion cell production. For which it has collaborated with SVOLT (China), set up a WOS and purchased 80 acres of land at the Hi-Tech Defense & Aerospace Park Phase 2, Bengaluru. Phase 1 to be completed by 2025. Distribution Network Company has a wide distribution network with warehouses and sales offices and 115,000+ direct & indirect dealers across India as of FY24. Exide has 1700+ Exide Care outlets and 300+ SF batteries Power Bay outlets. Customer Base The company has almost all 4 wheeler, 3 wheeler and 2 wheeler automotive companies as its customers in India. Its industrial customers include emerson, ericsson, hitachi, Cipla, General electric, mitsubishi, godrej, BSNL, finolex, BHEL, Tata, NTPC, Indus Towers and others. Subsidiaries & Associates Company has 6 subsidiaries and 3 associates. Collaborations Company has 5 overseas technical collaborations. It has short/ long term collaborations with Furukawa from Japan; Advanced Battery, East Penn from USA; Moura (Brazil), SVOLT (China). **Manufacturing Capabilities Company has 13 plants (10 manufacturing & 3 lead recycling) in India with production capacity of 66 million units p.a. of automotive power, 6.7 billion ah of industrial power and 346 KMT p.a. capacity of 3 Lead Recycling Plants as of FY24. Its plants are located at Ahmednagar, Bawal, Chinchwad, Haridwar, Roorkee, Taloja, Haldia, Hosur, Prantij, Malur, Supa & Shamnagar (Cities in India). R&D The company has its R&D centre at Kolkata since 1976. **Recent Developments 1. The company Launched Absorbent Glass Mat (AGM) batteries, which have higher efficiency for 4Ws in the domestic & international market 2. Extending the punched plate technology to entire range of 2W batteries, for higher quality & efficiency 3. Company designed and introduced specially optimized batteries for solar photovoltaic generation and storage applications 4. Battery energy storage systems (BESS): R&D team developed a costeffective AGM battery storage solution for BESS application Major Updates 1. EESL(WoS) signs a non-binding MoU with Hyundai Motors and Kia for the strategic cooperation in Indian EV market. 2. Company invested ~Rs 110 Crs. in Chloride Metals Ltd(WoS) on right basisi in Mar'24. Acquisitions 1. Company accquired 26% in Clean Max Arcadia Pvt. Ltd (a SPV) in Apr'24 for ~Rs.5.34 Cr. for genaeration and supply of solar power at Bawal factory. KMP 1. Mr. Avik Kumar Roy was appointed as MD & CEO of the company in May'24 after retirement of Mr. Subir Chakraborty.
NSE:EXIDEINDShort
by TheGoldenFarmsofEquity
Exide Industries out of consolidation and ready to take off.After a period of consolidation 📉, Exide Industries seems to be building a solid base and is showing signs of renewed bullish momentum 📈. Recently, it also bounced from its 200 EMA, which is an important reversal signal 📊, indicating a potential shift in market sentiment. The consolidation phase likely allowed the market to absorb earlier gains, setting the stock up for its next upward move 🚀. Investors might see this as a prime time to enter, with the potential for continued growth looking promising based on current technical indicators 🔍. View invalidates below 400 on daily close. Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
NSE:EXIDEINDLong
by Numan_SuriyaMohammed
1
exide updateIt seems that exide industries has completed a sequence of the 5 wave upside (terminal impulse) and we are correcting against these 5 wave completed. As the terminal impulse has a quality that it may retrace to 60-78% of the upside move, a rectangle is placed for the correction completion indication, the longs may be initiated in the rectangle area, we will then start a wave 3 upside. This is an update to the earlier published idea. this is not a buy or sell recommendation and is to be considered as an educational idea.
NSE:EXIDEIND
by imkhushal
Exide Industries Set for a Bullish Rally, Target ₹577.75Exide Industries is showing a strong reversal and bullish momentum after a 10-13% correction, making it an attractive buy for swing traders. Currently trading at ₹502.40, the stock is poised to rally ahead of its quarterly results, with a target of ₹577.75 and a stop-loss at ₹465.60. Key Technical Insights: The stock is in a bullish reversal after its recent correction, suggesting that upward momentum is regaining strength. Multiple RSI indicators are above 60, confirming bullishness on both the weekly and monthly charts. Unlike most other stocks and indices that saw a 4-6% correction last week, Exide Industries remained bullish, a sign of strong relative strength in the current market. With quarterly results due on 04 November, the stock may see a pre-results rally, similar to the more than 10% rally it experienced after the previous quarter’s results. Conclusion: Exide Industries presents an excellent swing trading opportunity, with a target of ₹577.75 and a stop-loss at ₹465.60. The bullish momentum, both technically and in anticipation of upcoming results, makes this stock a strong pick in the current market environment. Disclaimer: This is for educational purposes only and not financial advice. Please do your own research before making any investment decisions.
NSE:EXIDEINDLong
by Sudhir-Sirohi
One Minute Analysis of Exide IndustriesI think this video will be useful to my followers. I put my time to show you my view on the exide industries. All the levels are labeled in the chart. Any query? do write in the comments. Thank you. Disclaimer: The information provided in this stock analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and you should consider seeking advice from a qualified financial advisor before making any investment decisions. The author of this analysis does not hold any responsibility for any losses or gains made by any reader. Always conduct your own research and due diligence before making any investment decisions.
NSE:EXIDEINDLong
by imkhushal
9
Potential Bullish Breakout Setup in Exide Industries Ltd.This daily chart of Exide Industries Ltd. highlights a potential bullish setup, with key Fibonacci retracement levels drawn from the recent swing low at ₹480.55 to the swing high at ₹514.25. The price is consolidating around the 0.618 Fibonacci level, a critical support zone, which could indicate a potential reversal to the upside. The price is currently near the ₹504.30 level, and a move higher could lead to a significant rally toward the ₹671.35 level (100% Fibonacci extension) and possibly ₹789.30 (1.618 Fibonacci extension). Key Levels: Support: ₹480.30 (Fibonacci 1.0 retracement) Resistance: ₹514.25 (Fibonacci 0.0 retracement) Potential Targets: ₹671.35 (100% Fibonacci extension), ₹789.30 (1.618 Fibonacci extension) Analysis: The current consolidation near the 0.618 Fibonacci retracement suggests the possibility of a bullish reversal. Traders should watch for signs of strong buying activity or bullish candlestick patterns that confirm the move higher. The key resistance levels and Fibonacci extensions offer attractive target
NSE:EXIDEINDLong
by Shivam_Bhanot
EXIDE INDUSTRIES S/R for 19/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
NSE:EXIDEIND
by zenthosh
Will Exide move 45% upon a monthly breakout? cmp 507Buy Exide Ind around 504 - 507 with the short term target of 560 and target as 630, 730 as medium term Positive outlook in auto segment: Auto segment performance is expected to improve driven by uptick in domestic production levels UPS segment is the largest business vertical in the industrial segment and is expected to grow at 10% Exports have steadily increased from ~4% to ~10% of revenues over the last few years and the company is focused on improving the export contribution to ~15% over the next two-three years Exide is the market leader in the auto OEM market with ~60% of the market holds the 2nd position in the telecom sector and leadership in replacement segment.
NSE:EXIDEINDLong
by Maideen
5