Exide Industries Ltd. engages in the manufacture of storage batteries. It operates through the Storage Batteries and Allied Products segment.
*Stock Analysis*
-- Short-term trend of the stock is positive where it is trading above its 20-day SMA
-- Huge scope for Storage Batteries due to adoption of Electric Vehicle in the near future. Best time to invest!
-- Third attempt of Breakout at 175 level (Supply Zone) with good volume
*Important Levels to Watch*
-- Entry @ CMP or after breakout
-- Target @ 200
-- SL 164
Good Luck Investors❗
-GokulHari
*Stock Analysis*
-- Short-term trend of the stock is positive where it is trading above its 20-day SMA
-- Huge scope for Storage Batteries due to adoption of Electric Vehicle in the near future. Best time to invest!
-- Third attempt of Breakout at 175 level (Supply Zone) with good volume
*Important Levels to Watch*
-- Entry @ CMP or after breakout
-- Target @ 200
-- SL 164
Good Luck Investors❗
-GokulHari
Trade closed: target reached