Exide Industries out of consolidation and ready to take off.

7 thg 11, 2024

After a period of consolidation 📉, Exide Industries seems to be building a solid base and is showing signs of renewed bullish momentum 📈. Recently, it also bounced from its 200 EMA, which is an important reversal signal 📊, indicating a potential shift in market sentiment. The consolidation phase likely allowed the market to absorb earlier gains, setting the stock up for its next upward move 🚀. Investors might see this as a prime time to enter, with the potential for continued growth looking promising based on current technical indicators 🔍.

View invalidates below 400 on daily close.

Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.