Disclaimer: I'm not a SEBI registered analyst, Views are personal not any BUY or Sell recommendation.
I observed that "Mazdock" has broken out on the daily timeframe after a period of consolidation. I anticipate an upward movement in the near future based on the price action and volume today. Targets are Target-1 2820, Target-2 3000, Stop loss levels will be determined by your entry so plan accordingly, For more analysis please refer to the chart.
Note: I will enter after a pullback because I noticed the breakout a bit late.
I observed that "Mazdock" has broken out on the daily timeframe after a period of consolidation. I anticipate an upward movement in the near future based on the price action and volume today. Targets are Target-1 2820, Target-2 3000, Stop loss levels will be determined by your entry so plan accordingly, For more analysis please refer to the chart.
Note: I will enter after a pullback because I noticed the breakout a bit late.
Trade closed: target reached:
Both targets were successfully achieved and reached a high of 3089.