near breakoutstock is looking bullish can give a breakout or can retest after that can give target of 7000.
financials also not bad
ESABINDIA trade ideas
Esab India can fly to 6400++??Tight consolidation at 6170 area
If break 6200 can see a nice upmove
Stop 6k
Target 6400++
Short positional call
Not a reco
Only for educational purpose..
ESAB India Ltd is a leading supplier of welding and cutting products in India. It is a subsidiary of ESAB Group which was ultimately owned by the Colfax Corporation of USA
Esab India looks good for 6200++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.
Esab India- Nice BreakoutEsab India- Nice Breakout
Capital to be deployed- 20k
Investing Price -5075-5085
Breakout Price -5073
Stoploss -4606
Targets-6800
RT for max reach
#esab #StocksToBuy #StocksInFocus #stocks #stockstowatch #StocksToTrade
ESABINDIA - Bullish Swing ReversalNSE: ESABINDIA is closing with a bullish reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
ESAB BUY @ 3561entry 3561
sl 3450
risk 220rs
qty 2
good breakout on all time frames
looks like its slowly turning to move upside
ESAB INDIA Resistance breakoutVery simple setup.
We can see a Clear breakout above 2500, with good volume.
Stock can reach up to 2800 levels in the coming several sessions.
Below 2350 We can expect weakness.
Happy Trading
ESABINDIA triangle breakout 13% TARGET!NOT A TIP OR CALL ONLY FOR EDUCATIONAL PURPOSE
* Triangle breakout
* High volume
* Retesting
NSE:ESABINDIA
BUY ABOVE BREAKOUTBUY ABOVE BREAKOUT , Horizontal Resistance Trendline Breakout on Daily Tick in Medium Term
long opportunity on ESABINDIASHORT TERM INVESTMENT OPPRTUNITY ON ESABINDIA
Esabindia had given a multi year all time breaakout on 14/12/2020 but then price consolidated in a range forming a type of decending triangle and today on 03/02/2020 given a new breakout with above average volumes.
ESABINIDA ! GOOD RESULTS AND NEAR BREAKOUT...KEEP AN EYE ONeARLIER A TRAINGULAR BREAKOUT AT 740 LEVELS NOW AT IMP SUPPLY ZONE ONCE CROSSES 945...1200 COMING ON BACK OF EXCEELENT RESULTS FUNDAMENTALLY AND CHARTS ALSO ON THE VERGE OF BREAKOUT.
