Amit_Ghosh

[Bounce] Exide Buy Idea

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
Although I have just bought it, One should buy at the marked line's breach only!
Comment: And.. I have been screwed for aggressive buying.
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Comments

Can we invest in Exide for long term ..Say for 5+ years
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Is it a long term opportunity?
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Amit_Ghosh UbiquitousDK
@UbiquitousDK, No actually. This is cyclic as it is commodity based company. LEAD. So far, it is not triggered but you can just buy and wait out. Due to cyclicity it will come at same point again and again but you can not invest in it.
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