Breakout in Ador Welding Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ADORWELD
ADORWELDNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Trendline support1.The stock is currently in uptrend
2.Getting great trendline support
3.Formation of cup pattern
ADOR WELDING @ CMP: 745Market Cap ₹ 1,013 Cr.
Face Value ₹ 10
Stock P/E 26.3
Industry PE 22.4
Dividend Yield 1.68 %
ROCE 20 %
ROCE3yr avg 12.6 %
ROE 14.8 %
ROE 5Yr 9.70 %
OPM 9.16 %
OPM 5Year 7.83 %
Promoter holding 56.9 %
Pledged percentage 0 %
Debt to equity 0.01
Coming out of 1 year long base
Capital Goods is a leading sector
The company has been making a base for a year.
Has given a breakout from this base
This should be one's watchlist
watch for flag pattern breakoutbuy above 815 can add in dips til 765
stoploss closing below 720(weekly candle low)
stock is not very much liquid and can be a risky trade so buy less qty
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
ADORWELD - Possible BO after months of consolidationADORWELD -- Looking at the chart pattern and trading data --
The monthly trend is +ve and the Weekly trend also Changed to +ve.
The delivery percentage is increasing and currently avg is 62%
Confluence: 20/50/100/150 - SMA -- all are currently within 2% of close.
Crossed Monthly Pivot levels.
Add to watch list -- possible BO.
Ador Welding Ltd - 14.12.2021Ador Welding Ltd - 14.12.2021
The stock is trading @ 717 levels
There is a strong resistance zone @ 717 levels
There is a HAMMER in Daily Chart
The prices are above ema
741 is a crucial level to watch out for
MAKE A BUY POSITION IN ADORWELD IF BREAK 742 NSE:ADORWELD
ador weld if break my trendline then just make a fresh new buy position my target are = 775,800,850,900 and its best support join is 650-620
ADOR WELDING LONGADOR WELDING
Context:
1. Strong Buying Power
2. Clean consolidation
3. Volume suggests potential momentum in near future
4. Good results
Ador Welding - Capital Market AnalystsHie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Ador Welding Ltd. is a holding company, which engages in the manufacture and sale of welding equipment. It operates through the following segments: Consumables; and Equipment and Project Engineering Business.
*Company has been maintaining a healthy dividend payout of 34.56%
*Promoters have increased holdings from 56.75% to 56.85% in Dec 2020 qtr.
*Mutual Funds have decreased holdings from 11.64% to 11.45% in Dec 2020 qtr
*Stocks with high PE (PE > 40)
For more, you can check the stock out on trendlyne.com/fundamentals/financials/31/ADORWELD/ador-welding-ltd/
Sources credit:
Trendlyne & Screener.in
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
ADORWELDNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading.












