Ador Welding-Rs.227/- seems to be consolidated for last 5 months. One bullish signal is movement is 100 week EMA above 200 week EMA which is generally very strong indication to buy. Previously this happened in 2003 then the stock moved nearly 20x. Once it makes a new 52 week High it becomes a buy with stop loss below-Rs.190/-. Fundamentally its a very good company but financial performance for last years is not satisfactory. So if the Infrastructure sector has to perform this stock should go places from here as its products are required in every facets of infrastructure.

May all be Peaceful and Happy
M.Mahiidar
Enjoying Life
Trend is Friend.