EXIDEIND trade ideas
EXIDE INDUSTRIESExide Industries looks good for long as the trend of the same is uptrend and also respecting the trendline so it can be bought at cmp 183.50 for the targets 191 / 201 / 211 plus with a strict sl of 169 for a short to medium term
All charts posted here are only for EDUCATIONAL PURPOSE.
Before making any Trading Position kindly consult your Financial Advisor.
Make or break levelMoment traders: Buy Only if it crosses and trades above ₹191.
Technical reasons for buying: Details mentioned on Chart.
Fundamental reasons to buy: Government is pumping money in as PLI Scheme for battery production.
From investors perspective:
* Wait for the news EXIDE started making lithium-ion batteries ( used in Electric vehicles). You will be amazed to see how fast it will go up. Can even become a multibagger stock in coming years.
