SHIVAM_AGARWAL

Exide Industries Re-entering its upward trendline - BULLISH VIEW

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
Exide Industries Limited is an Indian storage battery producing company. It is the largest manufacturer of automotive and industrial lead-acid batteries in India and the fourth-largest in the world. The fundamentals of the company are great. As per technical analysis , it has been in a primary upward move since march lows and after the recent downfall, it has again re-entered into its primary upward trendline and is supported by MACD and ADX positive signals, one can have a bullish view on it.