mazdockhas break multiple top . and this momentum could lead it towards 410 level . keep an eye for good upmove
MAZDOCK trade ideas
Mazagon Dock Ship-Rounding Bottom Pattern Breakout.Mazagon Dock Ship-Rounding Bottom Pattern Breakout Daily Time Frame-Entry Zone-330/350 Expect a Target-430/440 Stop Loss-300.only Education Purpose.
MAZDOCK The stock is constantly making an higher highs from June 2021 and in the April month end it had broken down the first support level of 297.95. The stock has taken a bounce back from the 2nd Support level and has a good resistance level from previous support i.e. 297.95. Entry levels will be above 298/300. Target will be the previous high of 340 levels
MAZDOCK strong breakcout candle followed by volumemazagon doc given strong breakout followed by volume
may move 361+++
Mazagon Dock Shipbuilders Ltd.Mazagon Dock Shipbuilders Ltd.
Mazagon Dock Shipbuilders Limited (MDL) formerly called Mazagon Dock Limited is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships, and ferries.
The shipyards of MDL were established in the 18th century. Ownership of the yards passed through entities including the Peninsular and Oriental Steam Navigation Company and the British-India Steam Navigation Company. Eventually, 'Mazagon Dock Limited' was registered as a public company in 1934. The shipyard was nationalized in 1960 and is now a Public Sector Undertaking of the Government of India.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock breaks the previous high.
2. Stock makes new all-time high.
3. Very high traded quantity. delivered quantity 13.6%
4. VWAP is 320.21
5. Supertrend is positive.
6. Alligators are in uptrend.
7. Stock trading above 20/50/100/200 DMA.
FUNDAMENTAL ANALYSIS.
SECTOR: Ship Building.
1. MARKET CAP - ₹ 6,631.57 Cr.
2. P/E - 9.87
3. P/B - 1.98
4. ROE - 17.44 %
5. ROCE - 23.30%
6. EPS - ₹ 33.32
7. CASH - ₹ 8,027.91 Cr.
8. DEBT - ₹ 0 Cr.
The company has more cash in its book than its market cap.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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MAZDOCKMAZDOCK (Mazagon dock shipbuilders ltd) is top ranked in ship building industry. the price is trading at the support level with minimum risk (stoploss). If you are investing in this stock, do your own research and then invest because it satisfy yourself.
MAZDOCKcurrent price 266, BUY 260-258. Target is 290-310... stop-loss is 250, BELOW 255 IS WEEK ( THREE WEEKS TIME)
mazdock - mazagon dock shipbuilders Ltd expected bahaviourthis chart is for educational purpose. please refer at your own risk
Swing Opportunity in Mazagaon DockGo Long above 272.05 for Targets of 286.8, 301.55, and 316.3 with SL 257.3
Reasons to go Long :
1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Mazgaon ship has given breakout .Mazgaon ship has given breakout from inverse head and shoulder pattern.Target and SL is given on above.
MAZDOCK next harmonicMAZDOCK next harmonic
Target -273/287
PRZ-244
SL-234
CMP:257.65 @ 29 November 2021
mazdock swing Entry, Targets and Stop Loss are mentioned on the chart. Breakout above will add momentum. This is for educational purpose only.
Breakout in Mazagon Dock Shipbuilders...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Breakout above channel will add momentum.
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.
MAZDOCK LONG VIEWMAZDOCK INVERSE H&S BREAKOUT
Good volume and sentiment
Shit in PCR with positive data delivery
CMP: 299-299.75
* For educational purpose only
Long Mazagon DockLong 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 breakout trade entryNSE:MAZDOCK Levels are Mentioned in the chart... Good for Swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks.
Intraday Trade: watch for resistance breakoutcan buy above 277 in Intraday keep sl at 272
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Expecting a Flag Breakout in MAZDOCKAfter a good rise of around 30% in first week of June, Mazdock has consolidated well now for two months. It has formed a flag pattern and very well respecting the levels. I expect it to give a flag breakout in near future. My targets are 266 (7.5%), 283 (15%) and 296 (20%) . MACD is weakening and I expect it to go positive in the coming week.
Mazagon Dock Shipbuilders (Target 280+)Mazdock has given a descending trendline breakout with a good amount of volumes on 03.09.2021 on Hourly charts. Along with the trendline, the stock has also started to trade above its 200 DMA on the hourly chart. Since the daily candle had a long wick post completion of the day, some more confirmation will be required on Monday (06.09.2021)
If the stock sustains above the level of 250, targets for swing trade will be T1=275, T2=290+
