1 = Stock has broke important trendline 2 = given breakout on weekly time frame 3 = stock is above moving averages 4 = stock has good buying volumes our analysis is for educational purposes only
Ascending channel breakout and Profit booking also expecting below 559 intraday view... Follow strict risk reward and stop loss... Thanks, V Trade Point
The stock has performed as per previous given analysis and now if we see, has good support near 230-35. Cup - handle formation - if we see on daily charts Mazdock is making cup with handle chart pattern, which is a bullish pattern. We may take position above 265 for long 280, 305 targets and stop loss near 249 which is one of the support. Price Channel, Doji,...
Mazdock moving in downward channel for now and is at upper end of the channel, it has good support of 20 DMA. As the good fundamental news broke the channel levels but it was not able to sustain the gains. Volumes is not participating in the price action, though RSI looks okay for now. Can look if channel line is broken with good volumes, above 261 a good buying...
this is for educational purpose, please do your own research.
NSE:MAZDOCK ship building sector seeing traction , good breakout
you can expect pullback to 316 inr if nifty is stable for next few days. This is not financial advice, please do your own research.
Defense stocks on tear including garden shipping available at single-digit P/E of 9 can touch the upper resistance line. for education purposes only
In a daily timeframe, Mazdock was in a downtrend for more than a month and may pull back/reverse with this breakout......!
Mazagon Dock Shipbuilders weekly swing , hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
A Simple channel broke out , retraced , can go for long/
After completing reverse head and shoulder pattern in the range of Rs. 220 to 292, Finally Mazdock has given breakout. This is the buying opportunity with the target of First - Rs. 330 and Final target of Rs. 350
Stock closing above 277.90 on the daily can activate a entry for target of a fresh ATH of around 300.
MAZDOCK NSE is bullish if 287 holds. Near all-time high. ** Educational purposes only NSE:MAZDOCK
Mazdock is Breaking out. Please study and take the position accordingly. Closing above 275 is crusial
mazdock @242 for 270,300+ with SL below 235 long term looking good
MAZDOCK EQUITY levels ...26/07/2021 (D candle)