VasanthJB

Exide Industries- 200 on the cards

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
After a brief downward movement starting from 218, there is an evident inverse head and shoulder pattern visible. Two shoulders at 180 range and head at 170 range. Potential upside is there for this stock and this can be predicted to cross 200 in the near future.

NOTE: This is only for educational purposes and do not constitute specific financial, trading or investment advice. Investment/Trading in market is subjected to market risk,Please consult financial advisor before trading or investing.