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...
Long Mazagon Dock. today stock BO from the level & high probability to touch the peak levels. Expecting all time highs can be seen in coming days. This is for your educational purpose only.
Mazagon Dock formed a double bottom but unable to break the resistance zone. Currently it's looking bearish. Probably it will take support at the demand zone and will retrace after forming triple bottom. After forming triple bottom, if gives breakout above 270, it will chase for 285-290. Any suggestions are welcome. P.S. - This is not a trade recommendation. I...