Exide Industries: At make or break zone

Exide Industries
CMP 201

The zone of 196-205 is a crucial zone for Exide Industries ....

The chart reflects and highlights the fact that This has been the zone where Major Buy / Sell decisions have been made so far...

It acted as a resistance in early 2015 and then again in 2016...

The zone has provided support for 4-5 months on a trot in late 2017...

Can it hold once again...???

Are the Bulls strong enough to withstand the onslaught...???

Or will the bears have their say this time around...

Do not rush to enter a trade. Keep calm and Wait for the opportune moment...

Levels have been mentioned in the chart.

Take care & safe trading...!!!
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