vigneshwaraj
Short

Expiry Strategy Apr: Sell 240 Call @ 1.2

NSE:EXIDEIND   EXIDE INDUSTRIES
EMA 50-day and 200-Day signals the bearish trend . Recent reversal from 50-day EMA and MACD confirms the downward trend. In the coming days, the stock would retest the downside level of 200. Expect it to expire below 200-EMA which hovers around 240 level.

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