Exide Industries is showing a strong reversal and bullish momentum after a 10-13% correction, making it an attractive buy for swing traders. Currently trading at ₹502.40, the stock is poised to rally ahead of its quarterly results, with a target of ₹577.75 and a stop-loss at ₹465.60.
Key Technical Insights:
Unlike most other stocks and indices that saw a 4-6% correction last week, Exide Industries remained bullish, a sign of strong relative strength in the current market.
Conclusion:
Disclaimer: This is for educational purposes only and not financial advice. Please do your own research before making any investment decisions.
Key Technical Insights:
Unlike most other stocks and indices that saw a 4-6% correction last week, Exide Industries remained bullish, a sign of strong relative strength in the current market.
Conclusion:
Disclaimer: This is for educational purposes only and not financial advice. Please do your own research before making any investment decisions.
Note
More then 10% return achieved
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.