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Make Money with Indian battery Stock

Posted By On 8:45 AM Under

1. Our research team has recommended investment in Exide industries and this is an update for Exide industries to make the most from the stock.

2. Exide Industries has a key long-term support at Rs 35 and one will be most benefitted from the price appreciation if one is able to get the stock to buy between Rs 35- Rs 40. As a discerning investor one can keep a stop loss of Rs 29 in the stock.

3. During its upward march stock is likely to witness resistance at Rs 50-Rs 58. As a strategy one can book 50% profit in the stock if tock is struggling to move past the level of Rs 50. However trend for stock will be bullish once it crosses the level of Rs 61.

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