Exide Retraced to Supertrend
There seems buying interest in Exide industries at weekly supertrend level of 460.
A good low risk long can be made here.
Tentative risk reward is on chart.
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I am not a Registered Financial analyst:
1 Learn the concept, not tip
2 Master 1-2 strategy, stick to it for consistent results
3. For weekly charts, Target/SL takes 1-9mon
5. Strict SL is on weekly closing basis
6. Diversify in at least 20 stocks
A good low risk long can be made here.
Tentative risk reward is on chart.
------
I am not a Registered Financial analyst:
1 Learn the concept, not tip
2 Master 1-2 strategy, stick to it for consistent results
3. For weekly charts, Target/SL takes 1-9mon
5. Strict SL is on weekly closing basis
6. Diversify in at least 20 stocks
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