Esab India
Seems got support in 50ema
2 times moved up from 50ema support
and formed an uptrend
3 rd time testing 10ema suport@5850 levels
If a good volume supports stock could be
go higher levels..
Purely for study purpose! Not a recommendation!
Target expected..6200
Stop 5700
Risk reward 1:1
Strong fundamental pick
Ever bull uptrend pattern..
ESAB India Ltd. engages in the manufacture and supply of welding and cutting products. The firm operates through the following segments: Consumables and Equipment. The Consumables segment offers welding electrodes, copper coated wires, flux cored wires, welding fluxes and related services. The Equipment segment offers welding machines, cutting equipment and related services. It markets its products to the shipbuilding, petrochemical, repair and maintenance, construction, transport, offshore and energy industries.
Seems got support in 50ema
2 times moved up from 50ema support
and formed an uptrend
3 rd time testing 10ema suport@5850 levels
If a good volume supports stock could be
go higher levels..
Purely for study purpose! Not a recommendation!
Target expected..6200
Stop 5700
Risk reward 1:1
Strong fundamental pick
Ever bull uptrend pattern..
ESAB India Ltd. engages in the manufacture and supply of welding and cutting products. The firm operates through the following segments: Consumables and Equipment. The Consumables segment offers welding electrodes, copper coated wires, flux cored wires, welding fluxes and related services. The Equipment segment offers welding machines, cutting equipment and related services. It markets its products to the shipbuilding, petrochemical, repair and maintenance, construction, transport, offshore and energy industries.