Trading_hawk

Simple Trade Setup | EXIDE IND| 04-08-2021

NSE:EXIDEIND   EXIDE INDUSTRIES
NSE:EXIDEIND

This stock is weak now. But today it entered in the critical zone which was working as a resistance as well as support from long time.
Also on daily time frame it closed below 400DMA which is act as good support for any stock.

Better to avoid trading in this stock and wait for firm break of either side of level.

Levels are marked on the charts.

Do comment your doubt or suggestion.

My personal view is to avoid trading in this stock.

Comments

Thank you for the Analysis
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Trading_hawk swathikonakanchi
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