Multibagger Midcap Stock Pick Ador Welding Limited

Multibagger Midcap Stock Pick Ador Welding Limited

NSE Code : ADORWELD

BSE Code:517041

CMP:157.80

Chart Ador

EPS of Last 4 Quarters :12.77

Current PE :12.35

Shareholding Pattern as on Sept 2009

Many big Names Hold this Scrip ,list is Given below

Name of the shareholder Number of shares % of Total Shares
Esab India Limited 185379 1.36
Dsp Blackrock India T.I.G.E.R. Fund 348999 2.57
Hdfc Trustee Company Ltd – A/C Hdfc 423557 3.11
Reliance Capital Trustee Co Ltd-Rel 694670 5.11
TOTAL 1652605 12.15

Technical Analysis :

This Stock is range Bound Currently With Supports at Rs 139 and Rs 124

Resistance is at 170-174 Region

Buy at Dips near 145

Aggresive Traders  can Buy at CMP but there should be a Stop loss around 135 Which is quite deep

Or Buy after it Breaks 170

investorscan Buy Below 145

Or if a Deep Correction Comes in NIFTY then at  125

At Rs 125 its a Gem

Target : Rs 220

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Discalimer
The author of this page is not a registered financial advisor, and you should not think anything written here to be investment advise. You should consult a qualified broker or other financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments. Whenever Author Talks about a Stock or Index.It may be safely assumed that he may have a position in the Stock or Index .