stock trading below 100ema and near support level 700 a strong support zone and if breaches then 691-640 levels can be seen if takes 691-700 support then a big upmove. for intraday on 30mins timeframe a head & shoulder pattern may form.
Sector: Ship Building MONTHLY & WEEKLY chart shows strong uptrend backed by gov initiatives ON DAILY chart we can see accumulation in HTF demand zone n expect price will continue its HH & HL pattern... long term investors can also accumulate this stock for long term....
MAZGON DOCK trading at rectangle pattern at ATH. Once break 2500 set for 2800-3000 and even more. this patteren is very powerful and once breached it give very fast and furious move. So keep an eye. Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait...
...........trgts 2478-2595-2784........ Bull flag breakout on weekly scales
Reason for long a) Triangle breakout b) Pole and flag set up c) Super vwap set up d) channel support e) SL compulsory
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. •...
Mazgaon Dock Has Closed above Fibonacci Level with good volumes and momentum one can buy above 2310 sl 2250 tgt 2500. Disclaimer: I am not SEBI registered Analyst Kindly consult your financial Advisor before taking any trading decision
A Greatest Setup in Mazdock on Daily and 2H time frame that’s 99% sure to work and can easily give a return anywhere between 10-25% within a Month’s time
📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF MAZDOCK • Potential Breakout Chart • VCP Pattern ...
A solid buying activity seen from demand zone. Sl and target marked. This is only for educational purposes, trade at your own risk.
Double bottom pattern in Mazagon Dock Shipbuilders Ltd
Strategy Switch , Price Behavoir & Indicators & Chart Patterns
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...
Watch for breakout at 2509. Upside of 40% possible after that.
WTF is in very strong UT, Formed a base BO. DTF we can see a minor VCP, which was about 3 months, Price is squeezing before BO Volume dry up average seen, BO volume spike MACD bounce is seen RS Line was making 52wh EMA rule in place. Emotions; im aware the overall market is strecedh can expect pullback. looking to enter with 1 qty with a smaller SL than...
📊 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....
Strong breakout in Mazdock with good volume. rounding bottom chart pattern intact on Weekly chart.
Mazgaon Dock Shipbuilders looks like a contraction for about 4-5 months Volumes are popping up on the increase and volumes are lower when the stock has decreased A break above 2360 and 2384 can push the stock further to 2480 and breaking the hurdle of 2490 can target 2600 However, stock has had a fair share of a bull run so I would suggest enter above 2385 with...