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EXIDE - Hourly Analysis - 16-10-2026

  • Sarfaraz Ahmad

Primary Structure: Bearish Impulsive

Primary Trend: Bearish

Current Wave structure: Potential Recovery

Expectations:   The decline from its high has unfolded in five overlapping waves as a leading diagonal in the black wave "I". Price weakness is expected after a small three-wave recovery in the black wave "II". 


Recommendation: Stay aside.


Previously: