Verifying the uptrend having higher high and Lower highVerifying the uptrend having higher high and Lower high
MAZDOCK trade ideas
MAZDOCK: Strongly up to Breakout or testing stronger ResistanceMazagon Dock Shipbuilders Ltd
Slope of PC A1 is exact same to PC A2
And in terms of width, PC A2 is exactly of Half to PC A1
#WondersOfPC
Technicals:
• Strongly recovered after recent retracement
• Crossing strongly recent ATH of 888
• Taller green towers in volume indicating strong bullish view
• RSI is in 60 Zone
• Relative Strength is in green
Levels for position:
Entry-After closure above 910 level, enter at green opening on next day
(Any strong resistance here may lead to downside till the lower line of PC A1, and then upside)
ST Target-1080, then 1200+
Fundamentally strong business, good pick for Long term Portfolio
How to identify Multibagger PicksWhy Mazdock was my favourite pick what was the reason Mazdock gave more than 120% returns in Nearly 2 Months!
Mazdock - Monthly, Weekly, Daily time frame analysisRSI on Aug 29, 2022 - 85.63 / Closing price - 394.50
RSI on Oct 07, 2022 - 84.03 / Closing price - 632.95
Overstretched scenario, Rsi divergence on daily charts make an unfavorable RR.
If breaks the levels 594, next support @ 520/525 (11% roughly)
If holds the levels of 594/590, wait for next BO
Mazgaon Dock reversed from TrendlineReversed from Trendline so it may give a new high above 472 for RR 1:1
Mazagon Dock Shipbuilders - Long Setup, Move is ON...#MAZDOCK gave an entry at 311.65 on breakout.
Has moved from 311.65 to 467.80 levels.
It is now trading above Resistance 3 of 453.
Next Resistance 4 is at 632.
Here is previous chart:
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. Please consult your financial advisor before taking any trade.
MAZDOCK - Ichimoku Bullish Breakout Stock Name - Mazagon Dock Shipbuilders Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 468
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
MAZDOCK Pivot Breakout VCPMAZDOCK Pivot Breakout fulfilling VCP. If close above 435 with voulumn greater than 20 SMA column then can see a followup buying and stock can go to new high ground.
MAZDOCK - Ichimoku Bullish Breakout Stock Name - MAZDOCK
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 418
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
14 Month Trendline Resistance BreakoutMazagon Dock Ship Bull Crossed a trendline resistance today which is unbeaten from past 14 months.
Yesterday also stock ralled very much but considering volumes and its price momentum, I would like to pick this stock for BTST.
I would like to book my profits for tomorrow if it gives 2% - 3% overnight.
MAZDOCK #Watchlist
#MAZDOCK (W):-CMP 394.5 Looks Good,
Buy On Dip 360/350 :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
mazdock for positional tradethis is only for education purpose only. please check your own analysis before you take a trade
mazdockhas break multiple top . and this momentum could lead it towards 410 level . keep an eye for good upmove
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.
