NSE:EXIDEIND   EXIDE INDUSTRIES
EXIDEIND is retracing to 61.8% Fibonacci of its previous upward trend. The RSI indicator is also very low indicating an oversell condition and possible reversal of trend. Bounce back upward from 61.8 is highly likely. With a stoploss of around 3-5%, with a target of about 254, entry @ around 161 seems like a plausible scenario. If this doesn't happen then the next entry would be 145.30