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EXIDE INDS moving up from 200 DMA, Upper side will find resistance around 178.


EXIDE INDS


  • Stock moving up from 200 DMA, chart indicates as long as stock holds above bulls will be favored.
  • On upper side stock will find strong trend line resistance around 178, this indicates once stock closes and holds 178 then further bull trend can be seen.
  • Even stock major trend indicator "MACD" is moving in positive zone and trading above level zero this indicates further price rise can be seen.

UNION BANK has made a bullish breakout, formed double bottom formation.


UNION BANK


  • Stock has formed double bottom formation , and made a bullish breakout, chart indicates as long as holds above bulls will be favored.
  • On upper side Union bank will find next strong trend line resistance around 244 and 259.

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