Mayur_Undale

Exide_6% upside profit

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
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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