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vikramsthakkar

Exide : Breakout of downward channel consolidation

Long
EXIDE INDUSTRIES (NSE:EXIDEIND)  
vikramsthakkar  
NSE:EXIDEIND   EXIDE INDUSTRIES
Trend Analysis
5
1
trendanalysis
Buy Exide in range 215-219 stop 205 Targets 250-270

Rationale: Breakout of downward channel
with high volumes, price took support
@ 61.8% retracement and eventually breakout
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