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GokulHari
Nov 24, 2020 3:38 PM

Exide Industries Ltd | CHART#11 Long

EXIDE INDUSTRIESNSE

Description

Exide Industries Ltd. engages in the manufacture of storage batteries. It operates through the Storage Batteries and Allied Products segment.

*Stock Analysis*
-- Short-term trend of the stock is positive where it is trading above its 20-day SMA
-- Huge scope for Storage Batteries due to adoption of Electric Vehicle in the near future. Best time to invest!
-- Third attempt of Breakout at 175 level (Supply Zone) with good volume

*Important Levels to Watch*
-- Entry @ CMP or after breakout
-- Target @ 200
-- SL 164

Good Luck Investors❗
-GokulHari

Trade closed: target reached

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