Stock of the day : Exide Industries Ltd For Target Rs. 560 - Religare Broking
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Exide Industries Ltd
* EXIDEIND has formed a white Marubozu candle expressing robust positive move.
* Stock has given range breakout from its accumulation phase around 100EMA
* Strong support and vigorous rebound forming swift vertical move from 100 EMA & breakout over trend line resumed it’s primary trend i.e. bullish.
* Traders are advised to consider longs & upright the further move keeping mentioned range in focus.
Buy Exide Industries Ltd CMP 519.35 Range 517-520 SL 497 Target 560
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SEBI Registration number is INZ000174330
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