Exide Industries is on the edge

10 Kas 2016

Exide Industries after a long up trend journey seems coming to an end. it retested level before breakout, today. it recovered after hitting 173, giving traders a better opportunity to enter short at better price, traders may go short in this stock at CMP, it has formed shooting star candle stick signal also. Before entry look for open,if open gap up then go long with a target of 210.00 if open in red it will head further down trend.