ESABINDIA

Esab India Ltd.

Electrodes & Welding Equipment

Wait and Watch

Early Trend
Stage 2 VCP active Vol compression

Setup readiness

Early Trend

Pivot Levels
₹6869.8-7356.1
Support Level
₹7077.3
Resistance
₹8783.4
Risk Distance
3.8% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
54.0
ADX
29.0
Vol
22.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Mixed technical setup

Some technical elements are present, but overall momentum and structure remain mixed.

Relative strength Neutral
Breakout readiness Low
Accumulation Constructive

Bullish factors

  • Moderate distance from 52w high (-21% below).
  • Price remains below the 50DMA (intermediate trend reference).
  • Price remains distant from the pivot zone.
  • RSI 39 — weak.
  • Relative strength remains low versus the broader market.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • 3 closes within 0.3% — extraordinary tightness, last coil.
  • 5 closes within 1.2% — tight band forming.
  • ATR shrinking 4 consecutive weeks — coil tightening precisely.
  • MACD positive and rising — confirmation only (no bonus).
  • 80% of profile volume above POC.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Price holding above POC — bullish volume profile.
  • Recent volume expansion detected.

Risk factors

  • 4 distribution days observed recently
  • Price advancing while OBV shows divergence
  • High failure risk score (66/100)

Overall view

Short-term accumulation signals are visible. The setup is still developing with mixed momentum and trend alignment.

Size this trade

Setup research

ESABINDIA — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is 21% below the pivot

  • Volume contracting into the base
  • Stage 2 uptrend structure detected

Flagged yesterday

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Lagging (#39/46) — headwind
  • Relative strength Lagging (RS 54)
  • Trend strength Strong (ADX 29)

Negatives

This idea is wrong below ₹7077.3 (-22.9% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹7077.3
  • Pivot — failure re-entry below₹7319.5

Risk distance

3.8% to stop
1.6× ATR
5.1× R:R
19.4% reward

Risk ≈ ₹278.79/share from entry ₹7356.1.

Reasons to skip 3

Disqualifiers that apply even if the score looks good.

  • 4 distribution days observed recently
  • Price advancing while OBV shows divergence
  • High failure risk score (66/100)
Setup metrics Latest scan

ESABINDIA Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish

POC
₹5756.35
VAH
₹6904.29
VAL
₹5389.98
Vol above POC
80.1%

Institutional Activity · Neutral

Avg cost basis
₹6840.38
Acc zone
₹5000.0–7224.0
Accumulation sessions
4
CMF
-0.4

Structure

Trend / stage
Stage 2 (Early)
Stage 2
Weekly trend
Below 30-wk MA
Below 30W
RS rank
54.0
Weakening
ADX
29.0
Strong

Momentum

RSI
39.0
Weakening
Recent move (10d / 20d)
+2.6% / -17.9%
Neutral
Volume quality
22.0
Thin
Relative strength
Lagging
Neutral

Risk

Failure risk
66.0
High risk
ATR % / day
2.4%
Moderate
Distribution
4 day(s)
Distribution
Volatility
2 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 33.0%
VCP waves 2x
Vol dry-up Yes
Avg value ₹2.6 Cr
Failure flags Distribution cluster, Overhead supply, RS laggard, Thin liquidity

ESABINDIA Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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ESABINDIA FAQ Common swing-trading questions

Frequently asked questions about ESABINDIA

What are the screener observations for ESABINDIA?

On Swing Edge's swing-setup framework, Esab India Ltd. (ESABINDIA) currently grades C — mixed — needs patience. Price is 21% below the pivot. Flagged yesterday. This is educational research, not investment advice.

What are ESABINDIA's support and resistance levels?

For ESABINDIA, near-term support sits around ₹7,077.3 (the base/stop zone); overhead resistance is around ₹7,319.5 (the breakout pivot); the next resistance above is ₹8,783.4. This is educational research, not investment advice.

What is the breakout / pivot level for ESABINDIA?

The breakout pivot for ESABINDIA is around ₹7,319.5. Price is about 21.3% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is ESABINDIA above its 50-day and 200-day moving averages?

Yes — ESABINDIA is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is ESABINDIA versus the market (RS rank)?

ESABINDIA has a relative strength (RS) rank of 54 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 29, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-28 — not live intraday NSE quotes.