Divergensity

Continuation to the Upside

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Divergensity Diupdate   
NSE:EXIDEIND   EXIDE INDUSTRIES
Exide looks like it completed a running flat - a sideways move, after the initial upmove. I expect an upmove next, in the same direction of the first move. I see a low risk , high reward setup here. The initial upside target could be the "b" point of the flat and there is a good chance it can continue moving up after the initial target. Its a classic continuation pattern.

** This is not a trade advise**
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