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The views expressed are based purely on Technical studies. The calls made herein are for information purpose only. The information and views presented here are prepared by Devang Shah. The information contained herein is based on my analysis of the Charts. I,however,do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it. The Investment discussed & recommended on this website may not be suitable for all. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent Views, as they believe necessary.
While acting upon any information or analysis mentioned on this website, investors may please note that neither Devang Shah nor any person connected with him accepts any liability arising from the use of this information and views mentioned herein. I may hold long or short positions in the securities/commodities discussed herein from time to time. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities/commodities, or any options, futures or other derivatives related to such securities/commodities.

Stocks

MONDAY, MARCH 20, 2017

VALUE WAVE INVESMENT STOCK IDEAS:
TECHNO-FUNDA MEDIUM TO LONG TERM INVESTMENT IDEAS:
EXIDE IND
CMP-220

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EXIDE IND has started wave-(iii) as per quarterly chart attached as per overall wave counts. It looks attractive to BUY at current levels. Stock is in very good Bull Run phase & has a very much potential of upside for medium to long term perspectives

It�s short to medium term momentum indicators are in BUY. Risk reward is favourable to BUY at current levels. One can BUY positional at current levels or any kind of decline or consolidation with SL-168 for the target of around 290-300 in medium term.

It can also go till target of around 385 levels as per chart attached till it reverses from overall long term wave count perspectives.

Its attractive value wave investment idea from current levels for 2-3 years perspectives.

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