the blue band has been a zone of resistance for 5 years now !!
exide presently is trading above the blue band and if one closely sees has been consolidating at 190 odd levels for a few weeks now !
it did try n break the red TL but coudnt ! its now again approaching the red line !
keep and eye on the stock !
one can start accumaltiing it right now or can wait for the break of red line ..
overal a very positiv stock to keep in portfolio !