The Indian stock Exide Industries Ltd seems poised to continue its bull run, and Elliott Wave Analysis tells me we have at least another 8% on the upside.
My approach tells me that dips to 242 and 232 are where the charts point to immediate supports, and if I were to trade it, my stops would be at 220. However, this is not a trade recommendation. You should consult your investment adviser.
Here is the chart of Exide Ltd, and I am sharing it solely for educational purposes.
Exide Industries appears to be in a wave 3 up
