Mazagon Dock - Retesting for Demand
Key Highlights:
1. Change in MS underway
2. Trendline breakout
3. Volume expansion
4. Testing for demand
5. Next impulsive move soon
6. Enter only after reversal
7. Target: 276, 287
8. Stop loss: 241
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Change in MS underway
2. Trendline breakout
3. Volume expansion
4. Testing for demand
5. Next impulsive move soon
6. Enter only after reversal
7. Target: 276, 287
8. Stop loss: 241
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.