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MAZDOCK

Flag Breakout: Mazgaon Dock Above 4500, Targeting 6000Details: Asset: Mazgaon Dock Shipbuilders Limited (MAZDOCK) Breakout Level: 4500 Potential Target: 6000 Stop Loss: Below 4500 or as per risk tolerance Timeframe: Short to medium-term Rationale: Mazgaon Dock has been consolidating in a channel since July 2024, and it has now broken out above the 4500 level. This flag breakout pattern suggests that the stock could see a strong upward move, potentially reaching 6000 in the coming weeks. Market Analysis: Technical Breakout: The stock has broken through the key resistance level of 4500, signaling the end of its consolidation phase and the start of a new bullish trend. Consolidation Phase: The consolidation from July 2024 built strong technical support, and the breakout now opens up the potential for a sharp rally. Price Target: The initial target is set at 6000, based on the flag breakout pattern and historical price movements. Risk Management: A stop loss below 4500 is recommended to manage downside risk in case the breakout fails or the stock pulls back temporarily. Timeframe: The move toward 6000 is anticipated over the short to medium-term, depending on market sentiment and the strength of the breakout. Risk-Reward Ratio: The setup offers a favorable risk-reward ratio, with significant upside potential to 6000 and a clear stop loss level near the breakout point. This breakout presents a strong opportunity, but always ensure to assess risk, market conditions, and your own portfolio strategy before making decisions.
NSE:MAZDOCKLong
by CyborgTradingHub
Grse & Mazdock: Hidden Channels Unveiled! CT Breakouts ahead ? In this video, we dive deep into the strikingly similar price structures of GRSE and Mazdock. Both stocks are navigating a hidden parallel channel, with a recent breakout of a key counter trendline. GRSE is showing trendline support, despite making slightly lower lows, while volumes across both stocks suggest potential for bigger moves. Watch closely as we map out potential pathways for future price action setups. Keep these stocks on your radar and let's revisit after the breakout!
NSE:MAZDOCKLong
by Averoy_Apoorv_Analysis
2
Mazagon Dock Shipbuilders Ltd - Breakout OpportunityDate : 13-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 3,389.90 Targets: (1) Rs. 3,478 --> (2) Rs. 4,144 --> (2) Rs. 5,222 SL : Rs. 2,975 on daily close basis Technical View: • After breaking out from its 8 month's long sideways trend on 17-May-2024, NSE:MAZDOCK has started moving in primary uptrend. Recently it was going through it's secondary downtrend. • After touching the high of 3,478 on 30-May-2024, it has retraced 31% to 2,400 level. • On 13-Jun-2024, NSE:MAZDOCK has broke out from its secondary down trend with high volume. • Prices are trading above 20 DMA, 50 DMA and 21 DEMA. • RSI is trading at 64.74 and MACD is trading at 192.33. • Looking strong from here onwards. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:MAZDOCKLong
by vicky252
Mazagon Dock Shipbuilders - Breakout Setup, Move is ON...#MAZDOCK trading above Resistance of 4315 Next Resistance is at 6033 Support is at 2955 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:MAZDOCKLong
by MandeepSinghKohli
Mazagon Dock Shipbuilders - Breakout Setup, Move is ON...#MAZDOCK trading above Resistance of 3619 Next Resistance is at 4315 Support is at 2492 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:MAZDOCKLong
by MandeepSinghKohli
2
Mazagon Dock Shipbuilders - Breakout Setup, Move is ON...#MAZDOCK trading above Resistance of 2955 Next Resistance is at 3619 Support is at 1986 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:MAZDOCKLong
by MandeepSinghKohli
Weekly Chart of MAZDOCK, Ready for breakout.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 increased government spending on defense, and a growing demand for Indian-built ships. However, the stock price is also volatile, and it is important to do your own research before investing in any stock.
NSE:MAZDOCKLong
by handaakshsy
1
Mazagon Dock Shipbuilders Ltd - Breakout OpportunityDate : 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. • On 3-Apr-2024, NSE:MAZDOCK has broke out from its secondary downtrend, indicated by dark red line within the sideways trend. Based on this break out 2,492 can be considered as the 1st target for current swing within the sideways movement. • If NSE:MAZDOCK will be able to break the higher level of current sideways movement i.e. 2,492, then 2nd target of 2,900 will be very much possible which is Fib. 1.61 level. • Breaking 2,492 level will actually create double break outs. (1) Break out from current sideways movement and (2) Break out from the double bottom pattern, which is currently in making as indicated by gray lines in above chart. • RSI is at 61.52 and MACD is at 50.27. Both are in support of further upward journey. • CAUTION: If NSE:MAZDOCK is not able to break 2,492 level then it will continue in sideways movement targeting 1,742 level. If it fails to break 2,492 level then long positional position should be exited. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:MAZDOCKLong
by vicky252
5
MAZDOCK | Swing Trade📊 DETAILS Sector: Ship Building Mkt Cap: 46,328 cr Mazagon Dock Shipbuilders Limited (MDL), Mumbai, established in 1774, is a prominent shipyard in India. Initially a small dry dock, MDL has evolved into a renowned shipbuilding company. It has constructed 801 vessels since 1960, including warships, submarines, cargo/passenger ships, and offshore platforms. TTM PE : 36.92 (High PE) Sector PE : 44.46 Beta : 1.31 📚 INSIGHTS Strong Performer Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation 7.45% away from 52 week high Outperformer - Mazagon Dock Shipbuilders up by 8.37% v/s NIFTY 50 up by 3.29% in last 1 month 📈 FINANCIALS Piotroski Score of 8/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:MAZDOCKLong
by Munish_Jain
2
Exciting times for MAZDOCKTechnical Analysis: Exciting times for MAZDOCK as it showcases a compelling setup for swing traders, marked by a significant development in its chart pattern: 1.Rounding Bottom Breakout: MAZDOCK has been diligently forming a rounding bottom structure for over three months, indicating a potential reversal of the previous downtrend. The breakout from this pattern is a powerful signal of a shift in sentiment from bearish to bullish. 2.Retest Triumph: What's even more noteworthy is the successful retest of the breakout level. The fact that MAZDOCK revisited and held above the breakout point adds robustness to the newfound bullish momentum. This is a positive sign that the bulls are ready to take charge. 3.Volume Confirmation: An essential aspect of this trade is the observation of strong volumes accompanying the green candles during the breakout. Healthy volume confirms the authenticity of the move and suggests increased market participation, potentially indicating sustained upward momentum. In summary, MAZDOCK'S chart is looking quite promising for swing traders. The rounding bottom breakout, coupled with a successful retest and notable volumes, paints a positive picture for potential future gains. Conduct your due diligence, monitor the price action closely, and make informed decisions. Remember, this post is for informational purposes only and should not be considered financial advice. Always perform your analysis and trade responsibly. Best of luck with your MAZDOCK trades!
NSE:MAZDOCKLong
by TTS007
MAZDOCK - Bullish Consolidation Breakout with VolumesNSE: MAZDOCK is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:MAZDOCKLong
by BrahmaBull31