Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Mazdoc wait for a breakout.
MAZAGON DOCK SHIPBUIL LTD
Long
Mazdoc wait for a breakout.
By sagartharayil
Follow
Follow
6 hours ago
2
6 hours ago
Positional/longterm candidate.
Very Deep SL(26%) so do not bet big and buy at once. Slowly expose. Position size properly or else good chances of burning your hands.
-Narrow range candles forming at a resistance level
-Wait for a breakout with good volume and a wide clean candle. Safe traders wait for a day close.
Study the chart and make a decision. This is just a view and not a buy/sell recommendation.
Candlestick Analysis
longterm
Parallel Channel
positionalcall
Supply and Demand
sagartharayil
Follow
Also on:
Related publications
Shardha Cropchem aiming for a ATH Breakout!
by sagartharayil
Siyaram good volume. Ready for a new ATH?
by sagartharayil
Time Technoplast offers good RR. Good Swing candidate.
by sagartharayil
Wind Machin technically good. Add to your WL
by sagartharayil
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.