Buying oppurtunity in Exide Industries

١٨ مايو ٢٠١٧

Exide industries is following the trendline since 26-12-2016. In previous instances it has rebounded after touching except on 3-5-2017. However, the next day it was back above trendline accompanied with huge volume. Today it has touched the trendline again. I feel this is a buying opportunity with a stop loss of 223.