Mazdock, setting up again with other defence stocks. -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.
Volume
Bullish Pennant Pattern Good volume buildup in daily and weekly timeframe.
Bullish pennant breakout with volume buildup.
Election result also has impact in this breakout. Let see whether the breakout sustains of not.
If the current candle high gets broken can give opportunity.
NOTE: I do my analysis do your before trade.
6 Year High Breakout Good Volume buildup in daily and weekly timeframe.
Price is making cup and handle pattern in daily, weekly and monthly timeframe.
Cup and handle pattern breakout with good volume wait for retest on the ATH trendline for conformation.
NOTE: I do my analysis, do your before trade.
ATH BreakoutDaily and weekly timeframe good volume buildup.
ATH breakout with good volume buildup.
Price has taken support on 200EMA multiple times.
Wait for the price for a pullback or retest on the ATH resistance zone for conformation.
NOTE: I do my analysis, do your before trade.
Small cap !!!!!!
ATH BreakoutDaily and weekly timeframe good volume buildup.
ATH breakout with good volume buildup.
Price has taken support on 200EMA multiple times.
Wait for the price for a pullback or retest on the ATH resistance zone for conformation.
NOTE: I do my analysis, do your before trade.
Small cap !!!!!!
PFC-A good ATH breakout of investment stock!PFC has given yet another ATH breakout as the bull run of this stock continues.
A beautiful cup and handle flag consolidation is seen in the stock which can be reason to fuel more rally in this stock.
Momentum traders can keep this stock in watchlist. 555-560 will be a strong supply zone for the stock. Easy 10% returns are visible here.
Long term target of the stock is 1000+ and hence long term investors should continue holding this PSU stock. PSU Power sector will keep growing and so will PFC.






















