POV : MAZDOCK : Is ready to rock again ?

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POV : MAZDOCK : MAZAGON DOCK SHIPBUIL LTD

Is ready to rock again ?

Chart Reading:

1. Took Support at 0.5 FIB Level

2. at the Fib Level create a kind of Double Bottom pattern

3. Closing Base Trend Line break on 10th Oct and then after face resistance at another High base trend line(red).

4. in the previous session, try to breakout fractal high but selling pressure clearly seen.

5. Recent fractal high break with Marubozu Candle and also close above previous session High.

? Upcoming session will it break trend line

if it is then action plan will execute else waiting...


For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.

#NiVYAMi





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