mazdockMazdock taking support nicely on 20DMA and Monthly CPR
Swing trading opportunity
#educational purpose only
MAZDOCK trade ideas
MAZAGON DOCK #MAZDOCK PositionalNSE:MAZDOCK best level to take entry is 611.50.
Stop loss will 582.50 (29 Points) I will wait for target1 : 628 (16.5 Points) & Target2: 650 (38.5 Points)
Note: This is my personal analysis, only for learning.
Thanks.
Maddock 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
Mazdock view...Ascending channel breakout and Profit booking also expecting below 559
intraday view...
Follow strict risk reward and stop loss...
Thanks,
V Trade Point
Mazdock 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, Volume : continuation can be seen as C&H, where handle is being the price channel. It is making continuous dojis while moving downside with decreasing volumes once 262 - 65 is breached and sustained the breakout will be confirmed.
Disclaimer: these are my personal views please assure with your advisor before taking position.
MAZDOCK 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 interest may flow.
MAZDOCK 316 inr next targetyou can expect pullback to 316 inr if nifty is stable for next few days.
This is not financial advice, please do your own research.
mazgaon dock looking bullishDefense stocks on tear including garden shipping
available at single-digit P/E of 9
can touch the upper resistance line.
for education purposes only
Mazdock is ready to for a breakout runIn a daily timeframe, Mazdock was in a downtrend for more than a month and may pull back/reverse with this breakout......!
MAZDOCKMazagon Dock Shipbuilders Ltd
MAZDOCK creates a triangle pattern. waiting for a good breakout. Also MAZDOCK stock is right now in good fundamental condition.
Mazagon Dock Shipbuilders weekly swingMazagon Dock Shipbuilders weekly swing , hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
Breakout from Reverse Head and shoulder Pattern in Mazagaon DockAfter 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
MAZDOCK TGT 300Stock closing above 277.90 on the daily can activate a entry for target of a fresh ATH of around 300.
MAZDOCK NSE BULLISHVIEW ABOVE 287MAZDOCK NSE is bullish if 287 holds. Near all-time high.
** Educational purposes only
NSE:MAZDOCK
MAZDOCK Breaking OutMazdock is Breaking out. Please study and take the position accordingly.
Closing above 275 is crusial
Intraday Buying StrategyTrend is Possible to Move Up. Go for Buy Intra Day. Targets and SL is Yours Choice.
Mazagon Dock Breakout RetestGreat Value at 241-244. Best value at gap fill. Hidden divergence on the daily taking support at 20 EMA.
