Exide Industries looks oversold and seems to be at support line. 115 to 117 seems to be support area. Stock may see a bounce from this levels. One can go long on the stock in this range with SL at 114.6
RSI & STOCHASTIC are showing some +ve divergence. Stock is also little far from 12 DEMA.
Stock may see the levels of 126 to 127 if start moving up.