Exide NOT SO Exciting

Aug 26

🔎 Stock Analysis: EXIDE

➡️ Current Stance: Neutral — neither too strong, nor too weak.
➡️ Likely to remain range-bound until we see a strong breakout with heavy volumes on either side.

📊 Levels to Watch:

LTP: 396

Upside Resistance: 405–410 (difficult to sustain above this range)

If sustained above 410 → Upside possible till 440

Downside Support: 385

If sustained below 385 → Downside can extend towards 360 / 345

💬 Share your views in the comment box — Do you agree with this range outlook ?


📌 Stick to levels. Follow discipline. Let the trade work for you.
📌 Always use TSL to protect gains and maximize profits.

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Warm regards,
Naresh G
SEBI Registered Research Analyst

Sep 2

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