As you can see from the chart, until it breaks the upper down trendline, it will continue to 130 levels
EXIDEIND is still in a downtrend channel. 200 is strong support. But it has broken downward from the weekly trendline. So wait before you enter. Let it break the channel.
I guess it is not broke out yet. But still I am bullish.
Today it did not perform as expected. Still i think there is potential up move in this scrip. Buy at current price SL : 1095 Target : 1117