Today, I am here again for the second time to discuss another stock which has given a very good breakout today and that is
Exide Industries has today given a very good breakout of the Cup and Handle pattern and the stock prices scaled to the 52wk high infact it reached all time highs.
The volumes were just amazing and did 10X of regular average volumes and that is really exciting.RSI also given breakout and looks very bullish.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that i might have Exide in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments. This is not a Buy/Sell call but just meant for reader Education purpose.
This article is contributed by Prateek Dhuper on Mon May 07 2018 20:54:52 GMT+0530 (IST)
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