LONG CONSOLIDATION - BREAKOUT - RETESTED NOW READY TO MOVE target mention in the chart
ESAB India rose quickly. After that was consolidating and today tested AVWAP calculated from the recent move. Stock had high delivery qty during the recent week. A low risk setup
ESAB INDIA is forming flag volume has picked up in recent days. The Company stands 3rd position in terms of market cap in Electrode Manufacturing Industries. Entry near 2200 with SL 2083 for target 2550 and extended 5th wave target of 3040 aas wave 3 wasn't able to break channel. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The...
this stock has given very long consolidation breakout of range and now did a pullback and continuation. Can buy above 2350 in Intraday and Positional for Positional keep Stoploss at 2000 For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and...
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Breakout after a long consolidation Volume spike and then diminishing volumes
detailed analysis given on the chart NSE:ESABINDIA
NSE:ESABINDIA ESAB has formed a saucer pattern on daily chart from February onwards and also moving averages of 50, 200 is looking good for buy positions
This scrip is expected to give range breakout as it is on the verge of short triangle pattern breakout . So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
Weekly Chart Analysis : 1. Trading in the Range for 6 months 2. Previous resistance now acting as support ~1730 level 3. Twice RSI rejected from 60 levels, now maybe ready for uptrend
buy for swing or momentum play safe above above 2150 can take risky bet above 2020
This scrip tried so many times to break the resistance and it is, expected to give breakout. So traders keep on your radar to catch the momentum.
ESAB India broke out today with decent volume. RSI is close to 60 and RS is close to zero line. 1st tranche can be added here. SL-1790. Can move towards 2200+ levels soon.
SWING TRADE: ESAB INDIA, moving in symmetrical triangle pattern, buy after trendline breakout near 1890-1895.
This stock was brought to my notice yesterday by a well wisher. I liked the chart and would have posted it yesterday based on the daily RSI breakout but I preferred to wait for a weekly trend line & resistance breakout for more assurance for which a close above 1905 is necessary.