Exide Industries

Exide Industries :-

3rd Dec 2014.

The stock is facing the resistance cloud at 118 - 125 band. Hence, no long positions should be taken in this stock. Also do note that the nearest support zone is at 113. Hence i shall recommend no positions till the zone is clear. if Less than 113, then SELL for bigger downside If Greater than 120, then Watch the stock to take long positions at 124.

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Persistent Systems

Persistent Systems :- The stock has been making upmoves with consolidation at each stage. This indicates the strength of the stock. The stock should be accumulated at these levels for higher targets in coming months. This is long term stock and with strong fundamentals. It has good %age holding across foreign and inhouse funds. SL - 900 , TP - 1200, CMP - 973 (2 Months)

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The correction should be complete, before purchase can be done. Trigger price - 26

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Nifty Predictive Analysis

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