Exide Industries Exites Me!

Author

Ramki
July 17, 2023

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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