Mazagon Dock Shipbuilders Ltd. is an Indian shipyard located in Mumbai, Maharashtra. The company is a public sector undertaking of the Ministry of Defence (India). Mazagon Dock builds a variety of ships, including warships, submarines, and merchant ships. The company's stock price has been on an upward trend in recent months, due to a number of factors, including...
This stock please have a look. It's has given a breakout from the level where it faced resistance a lot.
stock trading below 100ema and near support level 700 a strong support zone and if breaches then 691-640 levels can be seen if takes 691-700 support then a big upmove. for intraday on 30mins timeframe a head & shoulder pattern may form.
The stock is forming a cup and handle pattern on daily timeframe moreover it has been in consolidation for quite long and now it is on verge of breakout , 2432 has been a crucial resistance which can be broken soon moreover the fundamentals of the stock are phenomenal in short term it can rally till the 3000 levels
Chart is self explanatory Check my bdl idea where why defence stocks are on rise is mentioned This is an idea not investment suggestion do it on your own risk
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...
Date : 17-May-2024 Rating : Buy - Positional Trade LTP : Rs. 2,756.65 Targets: Rs. 3,228 ++ SL : Rs. 2,525 on daily close basis Technical View: • After touching the high of 2,484.70 on 8-Sep-2023 during it's previous uptrend, NSE:MAZDOCK is moving in sideways since Sep-2023 between 2,525 and 1,742 levels as indicated by dark orange lines in above...
Sector: Ship Building MONTHLY & WEEKLY chart shows strong uptrend backed by gov initiatives ON DAILY chart we can see accumulation in HTF demand zone n expect price will continue its HH & HL pattern... long term investors can also accumulate this stock for long term....
Date : 23-Apr-2024 Rating : Buy - Positional Trade LTP : Rs. 2,258.65 Targets: (1) Rs. 2,492 --> (2) Rs. 2,900 SL : Rs. 2,040 Technical View: • After touching the high of 2,484.70 on 8-Sep-2023 during it's previous uptrend, NSE:MAZDOCK is moving in sideways since Sep-2023 between 2,492 and 1,742 levels as indicated by dark orange lines in above chart. •...
1. Flag pattern breakout on weekly chart. 2. Double bottom pattern breakout after good consolidation. 3. Strong breakout candle with good volumes.
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)...
MAZGON DOCK trading at rectangle pattern at ATH. Once break 2500 set for 2800-3000 and even more. this patteren is very powerful and once breached it give very fast and furious move. So keep an eye. Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait...
Mazgaon Dock Has Closed above Fibonacci Level with good volumes and momentum one can buy above 2310 sl 2250 tgt 2500. Disclaimer: I am not SEBI registered Analyst Kindly consult your financial Advisor before taking any trading decision
A Greatest Setup in Mazdock on Daily and 2H time frame that’s 99% sure to work and can easily give a return anywhere between 10-25% within a Month’s time
📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF MAZDOCK • Potential Breakout Chart • VCP Pattern ...
A solid buying activity seen from demand zone. Sl and target marked. This is only for educational purposes, trade at your own risk.
Date: 16-Dec-2023 Rating: Buy (Mid Term as well as Long Term Opportunity) LTP: Rs. 2,082.85 Target: (1) Rs. 2,360 --> (2) Rs. 2,484 --> (3) Rs. 2,943++ Outlook: To counter China in Indian Ocean region, India plans to have 160 warships by 2030 and 175 by 2035 at an estimated cost of two trillion rupees. NSE:MAZDOCK is considered one of the...
Watch for breakout at 2509. Upside of 40% possible after that.