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SHRIHARII

MAZDOCK - 10 Months Consolidation Breakout

Long
MAZAGON DOCK SHIPBUIL LTD (NSE:MAZDOCK)  
SHRIHARII Updated   
NSE:MAZDOCK   MAZAGON DOCK SHIPBUIL LTD
Trend Analysis Chart Patterns Fundamental Analysis consolidation consolidation-breakout breakout alltimehigh earningsreport bullishmomentum weeklyclosing uptrend buy
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trendanalysis chartpattern fundamental consolidation consolidation-breakout breakout alltimehigh earningsreport bullishmomentum weeklyclosing uptrend buy
Mazagon Dock Shipbuilders Ltd

1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (July, 2023). Now It has given a Consolidation breakout & Closed at it's All Time High with good bullish momentum candle & with good volume in weekly Time Frame.
3) The next resistance would be around the price (3375 - 22.40% from the price 2756.65).
5) Recommendation - Good Buy (Since the result is coming up, Plan accordingly)
Comment:
As mentioned previously, The given target of 3375 - (22.40%) from the given price (2756.65) is achieved.
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