EXIDE on Hourly Time Frame
Updated
On hourly basis Scrip is in upward trend after having taken a correction of 38.20% and also touched 23.60% Fib levels towards the upside. This is indicative of the fact that the stock may move towards the upside. Approximate upside zone marked. Also KSE is currently unstable and jolting, which may have a negative impact on the overall market and the stocks as well. In case the stock moves downwards then it may hit the below marked zones
Trade closed: target reached
Supports hit as anticipated and stock even went quite below
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