MAZDOCK: Strongly up to Breakout or testing stronger Resistance
Mazagon Dock Shipbuilders Ltd
Slope of PC A1 is exact same to PC A2
And in terms of width, PC A2 is exactly of Half to PC A1
#WondersOfPC
Technicals:
• Strongly recovered after recent retracement
• Crossing strongly recent ATH of 888
• Taller green towers in volume indicating strong bullish view
• RSI is in 60 Zone
• Relative Strength is in green
Levels for position:
Entry-After closure above 910 level, enter at green opening on next day
(Any strong resistance here may lead to downside till the lower line of PC A1, and then upside)
ST Target-1080, then 1200+
Fundamentally strong business, good pick for Long term Portfolio
Slope of PC A1 is exact same to PC A2
And in terms of width, PC A2 is exactly of Half to PC A1
#WondersOfPC
Technicals:
• Strongly recovered after recent retracement
• Crossing strongly recent ATH of 888
• Taller green towers in volume indicating strong bullish view
• RSI is in 60 Zone
• Relative Strength is in green
Levels for position:
Entry-After closure above 910 level, enter at green opening on next day
(Any strong resistance here may lead to downside till the lower line of PC A1, and then upside)
ST Target-1080, then 1200+
Fundamentally strong business, good pick for Long term Portfolio