Exide Industries Exites Me!

by | Jul 17, 2023 | Indian Stocks Trading | 0 comments

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.

This is a weekly chart of Exide Industries

Exide Industries appears to be in a wave 3 up

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