Exide Industries Limited
Long
Updated

Exide_6% upside profit

81
Date: 18 July 2020
Exide Industries (CMP 159.80)

Double Bottom and Flag pattern can be seen in the chart. Price trading well above 20 DEMA and 50 DEMA.
Target 170. If 170 is achieved then next target will revised at 180.
T1- 163, T2-166, T3-170; SL-155

PCR = 0.41; Max OI at 160 CE (12.31 Lacs), 165 CE (7.02 Lacs) and 170 CE (7.07 Lacs).

Trade closed: stop reached

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