Exide Industries - Positive 20 50 Crossover
EXIDEIND is in a in a strong uptrend, with the positive MA crossover confirming improving momentum. I would stay bullish as long as the stock holds above its rising moving averages. The 20-DMA acts as the first dip-support zone, while the 50-DMA provides a deeper support area for accumulation. My approach would be to buy into these dips rather than chase the stock after sharp upmoves.
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