Mazdock is a very importent indian defence companie and groth year on year
so my veiw bullish and big move upside expect some weak
entry level -3270
sl- 3100
target- 3970 to 5000
only study perpus not recommended take tred
so time to time track and learn chart pattern
Date : 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...
#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...
#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...
Mazdock followed by stellar results agrees to make electric tugs. daily chart showing breakout. Volumes rising in 15m chart. Fundamentally strong stock.
Disclaimer: Holding
#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...
-Long base BO then
Elections results create volatility but
Setting up again:
-Recovered fast with volumes then red candle on low vol n bounced from 10 ema
-Defence stocks are making good setups
-Good shakeout of 21 ema
-tightness
-Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
#MAZDOCK trading above Resistance of 1986
Next Resistance is at 2955
Support is at 1530
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
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...
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.
•...
📊 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....
Technical 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
...
NSE: 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...
*Swing Trade *
Buy Mazagaon Dock Between 2000-2022
SL 1882 SL
Target 1: 2400 - 1:2 RR
Target 2: 2800 - 1:4 RR
SL is around Rs 200 so manage quantities as per your risk rewards
#MAZDOCK trading above Resistance of 1785
Next Resistance is at 1986
Support is at 1413
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
#MAZDOCK trading above Resistance of 1413
Next Resistance is at 1785
Support is at 919
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
#MAZDOCK trading above Resistance of 919
Next Resistance is at 1413
Support is at 632
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
