nsb64y

nsb64y

Exide Industries is showing a RSI bullish divergence on 2 hr timeframe; it took support close to the TL and has bounced, may probably retrace again before showing bullish breakout. Can buy in dips from 187 till 179, SL 173 ( can vary according to risk appetite) for targets of 198, 208.

nsb64y

160-170 will be resistance zone; good for long-term holding; Please note: this is a learning idea. Invest at your own risk.

nsb64y Updated 

Note, there is a risk it may fall further till the lower support of 227-228 depending on the strength of NIFTY. Can go long if it bounces from the current support or wait to enter upon further signal.

nsb64y Updated 

#2hr trendline in #M_MFIN forming a support for this scrip; can trade long or short based on whether it bounces from support or breaks down respectively.