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Exide Industries is on the edge of long term trend

NSE:EXIDEIND   EXIDE INDUSTRIES
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Exide Industries after a long term journey seems coming to an end, it recovered after touching its first support giving trader a better opportunity to enter this stock short. if formed a shooting star candle stick signal, traders. if market open gap up then it may trade further upside with a target up to 205.00 or alternatively if open in red it will head in down trend with a target of first support in near term it may target second support 162-161.

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