EXIDEIND -- HIGH PROBABILITY SETUP.

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As it sees it forms a descending triangle in 30 in time frame + volume + rsi + at a fib .38% level on a daily chart + having long trend line support as well.
For Day trader - Buy above 219 stop loss 216 TARGET- 222 224 228.
For other trader- buy above 220 stop loss 205 TARGET- 230 240 250. In a case of downward breakout initiate buying in the range 206-211 stop loss 200. Target same.
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2 targets done.
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2nd made a high of 226
Chart PatternsDescending TriangleFibonacci RetracementhighprobabilityTrend Analysis

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