Short Downside Swing Possible

l’altro ieri

MAZDOCK fell by 8.7% today and is now at a crucial zone of support near 200 DEMA and a falling 20 DSMA.

Trade Setup:
If it is Unable to Hold 200 DEMA and the Support Zone it May Fall to marked Levels of 1600. No Trade if it Closes above 20 DSMA.

Take Profit:
Near Marked Levels around 1600.

Stoploss:
Entry Candle High or Swing High.

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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.