Chart Pattern: Descending Channel, awaiting breakout Long-Term Trend: Potential continuation if breakout occurs Technical Indicator: Watching for MACD crossover Fundamental Boost: Secured ₹4,676 Cr contract from ONGC
Mazagon Dock Ship Builders Ltd. recently announced that the company will pay dividend to its shareholders for which the record date has been set at November 20, 2023. This will be the highest dividend the company has ever paid till date. We have previously seen the company pay dividend to its shareholders in the past so it has a good track record of giving growth...
Stock has taken support and again at resistance, so follow chart for proper resistance and support.
Stockhas give massive return in one year, after BO, again near retest zone, watch chart.
Mazdock taking support nicely on 20DMA and Monthly CPR Swing trading opportunity #educational purpose only
NSE: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.
Ascending channel breakout and Profit booking also expecting below 559 intraday view... Follow strict risk reward and stop loss... Thanks, V Trade Point
this is for educational purpose, please do your own research.
NSE:MAZDOCK ship building sector seeing traction , good breakout
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 @242 for 270,300+ with SL below 235 long term looking good
MAZDOCK EQUITY levels ...26/07/2021 (D candle)
Great Value at 241-244. Best value at gap fill. Hidden divergence on the daily taking support at 20 EMA.
MAZDOCK EQUITY levels ...17/06/2021 (1Hr candle)