Exide Industries: Where is it Headed

This stock has been one of the top performers in the recent weeks. It’s however headed towards Rs.174, where the sellers might be willing to smack it.

Those who are long may consider at least partial profit booking if the stock struggles at Rs.174. Those wanting to buy the stock may wait for a pull-back to Rs.158-162 range, with a stop loss at Rs.154, for a target of Rs.185.

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