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Exide has retested the support level and moving forward, This should cross 230 this time.
It is on clear buy condition.
Long term chart. On weekly basis next resistance at the given target, so can move till that level.
Levels and explanation is mention on charts ...
Buy Exide for 230-245 targets. Keep adding up to 195.
#Exide ind cash
Support at 208.. Can bounce to 218/228
Levels mentioned on chart
Above 217 or CMP
Good volumes in this session
Exide Industries chart analysis
Might give a long opportunity for continuation!
Good to buy above 206 closing.
Once closed above breakout line stock may head for 221-229-233.
View negated below 198.
Check the chart for proper levels and analysis.
RSI divergence; probable reveres candidate.
RSI is below 21 EMA; loosing strength
Target : 236
Entry : 205 - 215
SL : 200
entry between 210-212 with sl 207
target 221 # 230 # 240 ( as per pol n flag)
38% fib rejection
I am willing to buy Exide Ind. for Long term investment .
Buy At Cmp 214.4
Add Some If Price Drops To 200-205
Strict SL - 187 (Day Closing Basis)
Target - 245-250++++