MAZDOCK IS UNSTOPPABLETrendline and structure break in MAZDOCK now it's turn for the retest at 61.8 fib level that is aligning with pretty good support zone and then bullish movement.
Expected Targets are :
TP1 - 1969.10
TP2 - 2027.95
MAZDOCK trade ideas
MAZDOCK IS ON FIRETrendline breakout has been done on MAZDOCk after retest there will be a good long opportunity.
TP1 - 1910
TP2 - 1969.10
TP3 - 2027.95
Mazdok for swing Mazdok appears to be a promising option for swing trading, based on the analysis of its chart. The chart displays clearly defined levels that can be used as potential entry and exit points for swing trading strategies. These marked levels provide valuable information for traders, indicating areas of support and resistance that can influence price movements. By carefully observing and analyzing these levels, swing traders can make informed decisions about when to enter or exit positions in Mazdok, potentially capitalizing on short-term price fluctuations. Overall, Mazdok's chart shows favorable conditions for swing trading, offering opportunities for traders to profit from its price volatility.
Mazagon Dock ShipyardThis chart is for study purpose. Indication entry, exit, addition by using RSI, ADX and EMA indicators.
MAZDOCKlooks good for upmove.
A good stock trading at ATH.
Only for eductaional purpose.
Not a trade recommendation.
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
A PSU Stock Soars to 20% Upper Circuit
Mazagon Dock Ltd., a prominent shipbuilding company, witnessed an impressive surge in its stock price as it hit the upper circuit with a remarkable 20% increase on Monday. With a market capitalization of ₹19,888 crore, Mazagon Dock Ltd. has caught the attention of investors and traders alike.
Following a period of consolidation since December 22, the stock broke out during the last week of May, signaling a shift in market sentiment. This breakout captured the interest of market participants, setting the stage for the stock's recent ascent.
Moreover, the board of directors of Mazagon Dock Ltd. approved a final dividend of ₹6.86 per share, adding fuel to the buying pressure. This dividend announcement further intensified investor interest, leading to a surge in demand and ultimately pushing the stock to the upper circuit.
However, it is crucial for prospective investors to exercise caution and approach this surge with careful consideration. Given the significant movement already observed, it may be wise to await a potential correction or pullback before considering an investment. Avoid succumbing to impulsive decisions driven by the fear of missing out (FOMO).
#MazagonDockLtd #StockMarket #InvestmentInsights #MarketSurge #CautionaryAdvice
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Forming trend line in MazdockBreakout in the trend line can increase the momentum in Mazdock. Currently taking support at 694
SHORT TERM BREAKOUT STOCK1 share price trading undervalue
2 above 200 dma
3 short term breakout
4 technical breakout stock
5 Good cash flow operation
6 Company reduced dedt
will it resume its journey? A good stock showed strength when the market was down. it was outperforming.
educational view only
Mazagaon Dock swing tradeSwing trading opportunity in mazagaon dock shipbuild ltd
Strict Stop loss at 690
#MAZGAON DOCK ANALYSISStock has taken support and again at resistance, so follow chart for proper resistance and support.
#MAZGAON DOCKStockhas give massive return in one year, after BO, again near retest zone, watch chart.
mazdockMazdock taking support nicely on 20DMA and Monthly CPR
Swing trading opportunity
#educational purpose only
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.
