Exide Industries Seems to be well consolidated

قبل ٥ أيام

Exide has been in downtrend for past 3 months,from October 24.It has just shown a small break out after 3 months of fall.RSI is showing positive divergence,I feel the stock may touch Rs 516 /548 level as per fibonocci retracement.
Critical Break out at Rs 445
Time Frame 45-60 days
We can buy with a very small SL-Rs 408