Exide Industries to continue trading in bearish channel

16 Nov 2016

Exide Industries has been trading in bearish channel and trading in range between trend line support and resistance. we may see some up side movement up to its trend line resistance and fibo 23% level and short again from there with a target to its support. if market open red trades may wait to enter long slightly todays low around 170-172 and enter long with a target of 186.00 in near term or in a week.