Exide Industries Limited
Panjang

Inverse Head & Shoulder breakout on Monthly chart

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Considering the movement in the Auto sector and the major revolution going on in the EV industry, it is very likely that this stock can perform well in the next 6 months to 2 years.

1. the "Inverse Head & Shoulders" pattern has a clear breakout on the monthly charts.

2. The volumes are also increasing.

3. Target could be the all-time high price in a period of 6 months to 2 years.

Stop loss - below the current swing low on the monthly chart.

Disclaimer: This is for educational purposes only; kindly consult your financial advisor before investing.
-> Not a recommendation

Penafian

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