Can Exide Industries Rebound Strongly From Support Zones?
Exide Industries is among India’s largest manufacturers of lead-acid storage batteries and an established brand in both automotive and industrial battery segments. The company’s performance is often tied to automotive demand, infrastructure spending, and renewable storage solutions, making it an important stock in the power and mobility ecosystem.
Support Levels And Trend
If the stock holds support, it may rebound toward ₹435. On the downside, a failure to maintain ₹412 could extend the decline toward ₹405 or even ₹400, making this level important for traders to watch closely.
Trade Outlook
Short-term traders could consider holding positions while keeping strict risk controls in place.
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Investor Takeaway
Exide’s stock is at a decisive level near strong support. A rebound looks probable, but investors must place stop-losses to protect against unexpected declines.
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