MAZDOCK trade ideas
Ready to move?For Positional. The move happened today, but it needs to cross 210 for a push upward. KEEP in your RADAR
MAZDOCK - Bullish WWMAZDOCK - another bullish WW forming it seems and it this goes correct then we can see the tgt upwards
Question on MazdockBroke down of Trendline Support, Remain Cautious till trading below it.
Next major support zone around 190-192
Looks like the consolidation phase is done with !All the relevant ideas are mentioned on the chart.
Bonus:
Recent bounce on both Fibb Retracement and Fibb Channel supports the idea of an up move.
- Volumes are steadily increasing
- The Ongoing Maritime summit is supporting the industry.
- The third Scorpene Submarine by MAZDOCK is to be stationed on March 10th.
- India is of the vision to develop its Inland waterways for the next 10 years.
Educational Purpose Only. Please trade at your own risk.
Follow @TheChartereds Everywhere.
Mazagon Dock LtdSupport and Resistance
Sideways Bearish, Exit near to 2 support
Hold if Resistance breakout
Low RSi strength
Long Opportunity with both long and short horizonAll the relevant details are mentioned on the chart.
Educational purpose only. Trade at your own risk.
about to retest the zone on mazadockgood oppurtunity to go long on mazadock
formed w pattern and about to retest
wait for the retest and go long with sl around 221 with tp of 230 and above ;-)
Breakout !!The Stock has been into bullish trend for a long and has been consolidating at the current levels.
The breakout happened yesterday, today the trendline is tested.
One can see an upmove in short period.
MAZDOCK - 30M - Trendline ObservationsTrendline Observation(s). A simple trendline breakout on 30M Chart of MAZDOCK. BUY above 218.50. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
\Mazgon Dock looks very Bearish below support can see sell offIt made inverse flag pattern after breakdown can see a fresh sell off
