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EXIDE LONG TRADE IN MAY (FUT)

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
EXIDE AFTER POSTING GOOD RESULTS HAD SHOT UPTO 8%
IN A DAY AN SINCE IS SEEING PROFIT BOOKING
NOW ALONG WITH THAT IT HAS SEEN ACCUMULATION FROM
LEVELS OF 258 TO 262
AN INITAL BREAK ABOVE 265 ON CLOSING
BASIS WILL HELP US SEE NEW LEVELS
AND WILL TEST RECENT HIGH
FUTURES TRADE IN MAY CONTRACT
BUY @257-259
STOP @254
TARGET 1@262
TARGET 2@265
TARGET 3@270
LOT:4000
SUGGESTED LOTS:1
Trade closed: target reached: 1ST TARGET HIT
Trade closed: target reached: 2ND TARGET HIT

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