#ADFFOODS CMP 249.95 After a month long H&S bottom formation the stock broke out in April with low volumes. Since then consolidating within a rectangle and is trying to break out of that pattern. RSI, MACD and ROC are all in uptrend. Primary target of H&S pattern: 270. SL: if it breaks below the rectangle at 230
ADF Foods Ltd. is a holding company, which engages in the manufacture and sale of processed foods. Its brands include Ashoka, Soul, Nate's, PJ's, Aeroplane, and Camel. The company was founded in 1932 and is headquartered in Mumbai, India.