Wednesday, January 5, 2011

Exideind.... Another Breakout stock

Exide industries has given a strong upmove in yesterday's trade with very good and strong volume. MACD is also supporting this upmmove. This generates a good buying opportunity. If it sustains above 172 then it may give quick move to 180-82 levels. Stoploss for the trade should be placed around 170.


















Cheers
Chirag CM
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