MAZDOCK NSE BULLISH FLAG DTF/WTF 3.5M BO Soon. POSITIONAL TRADEMAZDOCK STOCK Analysis
TRADE PLAN
ENTRY -4518 50% Qty, Add 50% qty 4925 DTF Close
SL -3970
TARGET --01-5800 , TGT02--7600
Hold For a 1-2 Year or TGT 2
Chart Pattern :
STOCK had a 3Month Streak to Touch an ATH of 5860, Retracing in Equal time to 50% FIBO Level forming a Bullish Flag Pattern.
INDICATORS EMA :
The Price is Currently Trading above 50EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of alignment where today an 8%+ price rise with Volumes indicating start of a bullish Trend on DTF/WTF.
FIBO E :
Currently the price is below 50% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Traders Enter above 4925.
Volumes: There is a uptrend in Volume on the Weekly Charts for1 Weeks after the 14 weeks Pullback.
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade