shailenk

Exide- Positive trendline

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
Idea: Once can buy Exide once 164 is broken on the upside for targets of 184-185 and stop loss of 155.

Entry: 164-165
Target: 184-185
SL: 155

Basis: Rising trend line and assuming upcoming supply area gets broken then it can propel the stock higher.

Thanks

(Above views are for educational purpose only. Pl consult your financial advisor before investing)
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